Now it should be like this.

1. External factor analysis: the United States imposes tariffs, while a small country's decision to cancel Bitcoin as legal tender triggers a black swan event. The United States seizes the opportunity to buy in at a good price, while the small country cooperates to sell at a high point and then buys back the chips. The seamless cooperation between the two countries allows them to profit and acquire cheaper chips, waiting only for positive news to emerge, leading to another surge. Each time there is a deep retracement, the market will slowly recover, even breaking previous highs.
2. Leek factor: This wave basically swept away the long positions at the 2700-3200 level in the morning. Many leeks entered the market in the past year or two and have not experienced the 30%-50% plunge on March 12th and May 19th. They are still fantasizing about another plunge to below 2000 and hoping to make a profit by shorting this wave. Only experienced players know the future direction and gameplay of the market. After all, the market needs a constant influx of fresh leeks, otherwise how can veteran players survive? Asking us to rely on tricks like Taichi Dog, Maikai Dog, and Dog Brother to deceive leeks for subscription fees is unsettling. Those who can truly survive in this market for so long, to be honest, do not lack those subscription fees.