In this market, the assessment of the macro landscape and the analysis of technical trends often seem inadequate under the impact of sudden major news.

Ultimately, the rise and fall of the market has its inherent laws; when it rises to a high position, the pressure for a pullback will suddenly increase; when it falls to a bottom, the opportunity for a rebound will arise.

The bullish consensus in the market is built up through one buy transaction after another; the atmosphere of panic quickly spreads in a series of selling frenzies.