Is there a possibility of a surge in the current market?
Of course, there is a possibility of a surge! The market rule is like this: where there is a sharp decline, there may be a corresponding surge.
Surge due to positive news: For example, if there is significant positive news in the market, funds will quickly push the market up.
Surge when retail investors are despondent: When everyone loses confidence in the market, it often suddenly rises, catching people off guard.
Surge to seize time: The major players quickly raise prices, slowly unloading at high levels, so they can make more money, and then bring the price down again.
So the best strategy is to stabilize the chips in hand; even if it drops again, the space is not large, so patiently wait for market opportunities.