I have closed all my $1000RATS positions. There will be a big show tonight. The continuous decline that started last night seems to have passed. Everyone thinks it is a crash caused by the landing of good news. They think that the expectation of interest rate cut in September is established and a big bull market will start immediately. But did you notice that this is just an expectation of interest rate cut? Why did the market fall? Because the market has no money, retail investors have no money. The profit margin of dog dealers is not as large as short selling. Retail investors have no purchasing power when the market is pulled up, but most of the trapped retail investors will be able to escape. Why does the decline seem to have a bottom? Because it can attract some funds to buy the bottom, so that those who are still in the car will not jump out of the car. The knife reacted too quickly and jumped out of the car. I personally am bearish tonight, and it is a big plunge with large volume, not only rats but the entire cottage. In my personal opinion, it may also be a wash-out technique, because the daily K still looks good, but the current position is too dangerous, and it is clearer to be bearish.