Follow-on funds continue to flow in, but the situation of rising sharply and then pulling back has also appeared. The funds within the market have started to push prices higher to sell off, and those caught in positions are taking the opportunity to cash out. Chips are exchanging rapidly—this is actually a positive signal.

**How great is the pressure for the index to break through?**

Achieving eight consecutive bullish days is not easy. When the main index reached 3977 points, the market began to pull back quickly. The speed of this plunge was noticeably faster than expected, possibly related to arbitrage activities in quantitative trading.

Honestly, a correction after seven consecutive bullish days is not surprising. It’s impossible to only see red days forever; moderate pullbacks are actually healthy for the market.

Continuous upward movement can instead cause anxiety—market participants inside worry about unrealized gains evaporating and may want to exit midway; those outside see the risk of chasing the rally and dare not enter. Such a one-sided trend truly tests one’s mental resilience.

**Correction is actually an opportunity**

The correction after consecutive bullish days provides ample space for the market to exchange chips. Outside investors can find more comfortable entry points, and inside participants have the chance to take profits with peace of mind. This is not a bad thing; rather, it’s a sign of a healthy market trend.

At 10:00 AM, I mentioned that the sentiment decline of individual stocks actually happens faster than the index. This indicates that funds have indeed chosen to cash out today. After four days of gains, combined with the weekend’s timing, some funds will definitely start to position early. Instead of passive adjustments, it’s better to actively rotate chip structures.