The latest data shows that the leeks have dropped to 65%, which is the lowest in the past three years.
From 75% to 65% in one week, 10% of the stocks were sold.
From historical data, when retail investors start to sell a lot of stocks, it is the time when the market turns bullish.
From historical data, retail investors selling at low prices is a positive signal, but from the perspective of liquidity, it is not enough to drive the overall bull market.
It is expected that there will be a rebound later.
In a round of downward market, the main force and whales will run away first and start shorting. Retail investors often hold on to the end and sell when they see no hope. They are the last wave of shorts in the market.