"Slow rise, rapid fall" is indeed a common method used by major funds for washing the market 😏. The typical approach is like this: after several days of continuous climbing, suddenly encountering a sharp decline, all the accumulated gains are wiped out in an instant, which scares off new investors and those with unstable mindsets, causing them to panic sell 😱.

At this time, the major funds take the opportunity to collect those chips that have been thrown out at low prices. Once the market sentiment gradually stabilizes, the major funds start to slowly push the prices up again.

When approaching or even surpassing previous highs, the market sentiment becomes extremely enthusiastic, and retail investors follow suit and chase the rise.

However, unexpectedly, major funds often employ the rapid decline washing technique again at this time. This kind of adjustment comes quickly and goes quickly, with a drop generally between 5% - 10%, and sometimes even reaching 15% - 20%. But usually, it will stop the decline and stabilize near key support levels.

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