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The expectation of reducing positions today seems to be correct at present. Bull Market is not achieved overnight. There will be pullbacks during the rise, and then the rise will continue after the pullback. This is the normal market rhythm of Bull Market. It's not a bear market just because it falls a little bit, and it's not a bull market just because it rises a little bit. Those who do so can only be suckers in the market and become the targets of being harvested!
The 100,000 point mark is a key pressure point for market sentiment. I think it's a good thing to see repeated testing and oscillation here, as it sets the stage for a stronger rally afterwards.
Human nature and emotions are the most difficult to grasp. Some people want to do swing trading, some short, and some Cut Loss when they are afraid. It perfectly interprets the panic of both rise and fall, the discomfort of making money, and the discomfort of losing money. Emotions are constantly driven by the market, and one is always worried. It is difficult to make money in the market with this mindset. The attitude of making money requires cultivation and endurance.