The resistance in a bull market is profit-taking, while the resistance in a bear market is the trapped positions.

In a context where rotation is fast and hotspots are frequent, most of those who are trapped just cut their losses.

There are not many who can hold onto high-level trapped positions; the rally is a process of digesting profit chips.

In a bear market, those who make money run away quickly, while those who are trapped are waiting to break even before exiting.

Any stock that has been consolidating at the bottom for a long time suddenly gives trapped investors a chance to exit,

then the main force clears the chips and accelerates with significant volume, which marks the start of a major uptrend.