Once again, the old trick of washing the plates has been used. First, they pull up the price sharply to attract unsuspecting buyers, and then they sell off aggressively. This process of repeatedly washing the plates allows retail investors to buy in while those trading contracts get liquidated. As long as retail investors keep chasing the price upward during this time, the manipulators will continue to wash the plates endlessly. They will either clean up the chips or cut off the 'chives' until there are no buyers left. At that point, the manipulators will become anxious.

If you are a 'chive', it is easy to be misled into thinking that a bull market is returning and that new highs are imminent, potentially surging by 3,000 to 4,000 points.

This round of decline will not stop until it breaks below 115,000; otherwise, new highs cannot be achieved.

Technically speaking, chives won’t understand and are also prone to misuse.