The market experienced a significant heavy-volume decline yesterday, but it stopped near 588, showing strong support. Looking back at the recent heavy volume declines, each low has been higher than the previous one. This phenomenon reveals that the main funds are gradually absorbing the market supply, forcing them to accumulate chips by raising the buying price. According to my estimation , the average cost of building a position in this part is around 53,000.

Relevant to the sudden, half-year-long period of wide fluctuations in the previous bull market, this period is likely to be the stage when the main funds are actively collecting funds, that is, the relay consolidation stage in the upward trend. It is particularly worth noting that although the market fell to a low of 48888 in the past few days, it quickly rebounded with a large number of transactions. This is not only a manifestation of the main force effectively digesting the floating chips in the market, but also a typical shake-up and washout action.

Subsequently, the market stabilized the high point around 62,000 for many consecutive days, which further confirmed the main force's strong control over the market. By placing intensive orders in this area, it effectively suppressed the excessive price rise. During this period, the strategy of heavy volume decline was used many times to further clear up the floating supply above.