Recently, large funds have been watching passively. That round of shakeouts was indeed too aggressive, with retail investors being squeezed almost to the limit, and the institutional chips gradually flowing out. Compared to the frantic capital inflows and the soaring market scene in the first half of the year, it’s now much quieter.

What’s even more heartbreaking is that the market makers no longer bother to hide their manipulations—they hit the stop-losses daily, giving you no chance to hold overnight. The tactics are very clear:诱多→砸盘→诱多→再砸盘, cycling back and forth. It used to be that a big move would come every two or three days, but now it’s outright and endless.

The trading goals have also changed. It used to be to grow from 100,000 to 1 million in capital, but now everyone is just hoping to break even. There’s still some time until 2025, and I hope the market can give us a little breathing room.