The rise to 90 points is purely a "courteous boost" before funds exit the market, and the interest rate cut benefits have long been fully digested by the market.

Now the true nature of the market is revealing itself: a continuous decline, step by step weakening, with no resistance. The hovering around 3200 points is by no means a buildup of bullish momentum, but rather a typical bearish market trend.

An increase requires supportive good news, capital drive, and emotional ignition; all three are indispensable;

But a decline requires no reason at all; the bears only need to say, "No one dares to catch the falling knife," and the market can plummet endlessly.

The subsequent K-line will only become more ferocious: unable to break through key levels, unable to maintain support lines, rebounds as weak as a dragonfly touching water, yet bearish lines continue endlessly, and trading volume continues to shrink.

This is the essence of a bear market: a rebound is a "trap for the bulls," only to entrap them further; an increase is a "benefit for the bears," specifically providing opportunities for short sellers.

In the current market, there is only one correct direction, which is represented by one word: short.

This is not about taking chances, but about going with the trend; not about bias, but about seeing through the structure; not about being swayed by emotions, but about accurately sensing the pulse of the cycle.

If there is no clear beneficial news landing, no incremental capital entering the market, and no genuine trend reversal seen, all "bottom-fishing fantasies" are merely feeding the market.

Remember the core rule: rises depend on storytelling and expectation creation, while declines rely entirely on the market's instinctual panic selling.

Now that the story has been told, and expectations have been exhausted, what remains is the brutal reality of instinct taking over the market. #美国宏观经济数据上链 #山寨季将至？ #美国讨论BTC战略储备