In a bull market, the pinning behavior is actually a norm. Whether it's to shake off positions, stabilize the market, or deleverage, the methods used by the manipulators are often similar.

The appearance of pinning seems to fill the market with uncertainty and risk, but from another perspective, it is also a way for the market to self-adjust. Through pinning, it can effectively clear out some unstable chips, paving the way for subsequent increases.

Only when these shackles are removed can the market take off better. In this process, we investors need to remain calm and rational, not to be influenced by short-term fluctuations. We must understand that pinning is just a small interlude in a bull market, and the real trend is still upward.