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The bigger the waves, the more expensive the fish
In the current market situation, it is recommended to adopt a "wait and see" strategy:
1. Do not chase short positions: Although there are macro-related tax and利空 factors, institutional bottom holdings (ETFs) are very solid, with strong support at $91,500. Blindly shorting carries great risk.
2. Focus on "grinding" time: The market is currently exchanging time for space, digesting selling pressure above. If it can stay above $92,000 today, a decent rebound may occur tonight or early tomorrow morning.
3. Keep an eye on trading volume: Currently, trading volume has decreased, indicating a strong wait-and-see sentiment. Once the price breaks through the resistance level of $96,624 with increased volume, it will be an excellent signal to enter on the right side.
One sentence summary:
The current decline is not for a crash, but to gather strength. $92,000 is the darkness before dawn and the last chance for institutions to get you on board. Stay patient and wait for the market makers' "forced buy-in" moment.