The true market bottom often does not appear at the lowest price point, but rather when everyone is out of bullets and has completely given up on buying the dip. When fear spreads, funds deplete, and confidence collapses, the market is completing a clearing of emotions and a redistribution of chips. Those who can remain calm and continue to observe during this phase are the true participants that the market will retain.

Since the plunge on October 11, the market has been in a sideways consolidation for about ten days. This kind of trend seems calm, but it is actually the most grueling phase. The impulse of short-term traders has been exhausted, the funds for revenge trading are gradually retreating, and emotions are cooling down. With one more day of fluctuation, the market's position structure will be cleaner. When there is another slight dip, it is very likely to trigger a phase of panic selling, which will build momentum for the subsequent rebound.
The logic of the big players is actually not complicated - they constantly destroy retail investors' confidence using time and volatility, allowing the chips to naturally flow back. The market tests not who is smarter, but who can endure the emotional cycle.
At the current stage, it is essentially a period of emotional recovery. It is neither the end of a bull market nor the beginning of a bear market, but rather the market is digesting the overheated floating capital and panic. According to historical patterns, if there is no extreme change in the macro environment, the probability of the market gradually emerging from the consolidation range between November and the following January is relatively high. #打榜优质内容