Although the German government's actions and the Mentougou big cake selling phenomenon seem to have aroused panic in the market on the surface, after in-depth analysis, we will find that this is actually a chess game carefully planned by industry leaders. They cleverly use strategies to clean up leverage and borrowing by creating market fluctuations in order to achieve a far-reaching market strategy. According to the on-chain data feedback, not only Mentougou, but also some other heavyweight investors are acting secretly, and their selling behavior has undoubtedly exacerbated the market turmoil.

At present, the long-kong ratio has soared to more than 2.5, and market sentiment has reached a boiling point. However, in such a market storm, the bulls did not retreat, but became more determined, showing extraordinary resilience and fearless determination.

The market is likely to be bullish next week. The short-term rebound strength will be apparent when it falls back to the 55,000-56,000 range, and it will continue to rise above 60,000 after a shock adjustment near 59,000.

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