The first two days of the new year have shown impressive performance in the A-shares market. The Shanghai Composite Index hit a 13-day winning streak, setting a new record, not only stabilizing above 4,000 points but also approaching the 4,100-point mark. Trading volume surged to an astonishing 2.83 trillion yuan. Many investors feel anxious about missing out—watching others make money while they feel more disappointed than ever.

But here’s a reminder to investors still on the sidelines: don’t chase the market blindly. Especially when the market has already risen for 13 consecutive trading days, set a new record, and trading volume has exploded to unprecedented levels, strong divergence often appears right in front of you.

The most comfortable trend for A-shares is a slow bull market, but once the market accelerates and volume breaks out, it often signals that a high point is near. Take yesterday as an example: despite a significant increase, there were two clear dips during the session—one at 10:30 AM and another at 1:30 PM. Funds switched frequently, and volatility was intense.

Currently, the main market hotspots are almost entirely driven by quantitative funds: Musk concept stocks, commercial aerospace, brain-computer interfaces, autonomous driving, super high-speed rail, robotics, and other sectors have taken turns leading the gains. Particularly worth noting is the brain-computer interface sector, which was directly pushed to a single limit-up by quantitative funds, leaving no chance for traders to switch stocks. Such movements, with no real turnover and driven solely by unilateral force to hit the limit-up, pose huge risks once the quantitative funds withdraw.

For investors who haven’t entered the market or hold lighter positions, it’s advisable to remain patient. Instead of being disrupted by the market’s rhythm and ruining your plans, it’s better to wait for potentially better opportunities in the second half of the week. Rapid rises are often followed by sharp declines, and the real entry opportunities usually appear after a correction. The first half of the year has already yielded considerable gains, so staying alert in the second half and preparing for high-low switching is a wiser choice.