Big Duck has once again gone sideways today, while some low-cap clones are seeing rising heat—mainly because RAVE is driving it. Since RAVE is already at a relatively high position, most traders no longer dare to keep investing and have started shifting to other niche options. So over the past two days, Big Duck hasn’t had much room to move; this is also a correction after the volume increase on Monday.

Currently, the market is also quite complex. On one hand, there is heavy sell pressure from retail investors at high levels, and on the other hand, giant whales are transferring assets to exchanges. Meanwhile, institutions continue to buy steadily, resulting in a stalemate. The market’s panic value is also gradually recovering. Although it is currently at 23, it is still within the panic zone, but with ongoing institutional inflows, it will continue to rise.

The Kōkōn game won’t last too long. Either tonight, or at the latest by tomorrow night, there will be an outcome. And tonight’s early-week jobless claims will determine the direction of short-term volatility. My personal expectation is that tonight Big Duck has a very high chance of borrowing momentum from the jobless claims data and pushing toward around 755—first sweeping the bottom Kōgun, then taking pressure and pulling back to around 730!