Why does a big market always experience a long bottom torture before it? The answer lies in dealing with those stubborn people, which requires a lot of time to force them to hand over their chips. Only when the chips are washed more cleanly, the subsequent pull-up and distribution stages will be smoother, safer, with less resistance and the highest success rate.

Most people don't think about this process. They only look at the problem from the perspective of retail investors, only caring about their losses and hoping to rise higher and fall lower. But if you think from the perspective of the banker, everything will become clear, especially for those who have many years of retail experience.

Therefore, the most powerful trader must be a master of retail investor mentality management. Generally speaking, among the retail investors who are cleared out by the combination punch, "fall" can clear out 60% of the retail investors, "rise" can clear out 30%, and "horizontal" can clear out 10%. By understanding this process, we can better grasp the market and make more informed investment decisions.