The market is currently at the bottom range, although the possibility of further declines cannot be ruled out.

Many investors stubbornly believe that the bull market will not undergo significant adjustments, a cognitive bias that is laughable.

Some KOLs who have been through the ups and downs of the market for seven to eight years surprisingly hold such superficial views, raising doubts about whether they have truly experienced a complete bull market cycle.

In fact, an exciting complete bull market is often accompanied by multiple deep consolidations. This retracement is already the fifth significant adjustment of this bull market. The market needs such thorough cleaning to stabilize and accumulate vitality for the subsequent trends. A healthy bull market should consist of both rises and falls, rather than the one-sided rise that novice investors fantasize about.

History will ultimately prove that only by respecting market laws can one establish a long-lasting foothold.

Let us wait and see.