In fact, this kind of market trend occurs every once in a while. Referring to the chart, the trend at the end of June is basically identical.

Broke below the major channel - broke below the range - broke below the moving average - subsequently recovered - shook the market for a few days - long stop-loss - long chase shorts - violent surge - shorts trapped - shorts bleeding profusely - ...😃
As soon as you open your phone, what comes into view is: "Black Swan", "Bear Market", "Doomsday", and then the retail investors start watching the market 24 hours a day, hedging positions, taking loans with margin, looking everywhere for analysts to analyze the market, seeking help to break even, keeping an eye on gossip, searching for the code to wealth, looking for strategies to get rich 🤣
It's just a market washout tactic. As more and more Wall Street institutions join the market, it becomes increasingly difficult for retail investors. If you don't exit, they will not pump the price, and they will only do it after making you feel like you want to short. Therefore, I have always advised against high leverage and heavy positions unless you have your own closed-loop trading system; otherwise, you will definitely fall before dawn. #美联储维持利率不变#