I just came back from a trip. I was thinking on the high-speed train, what is the biggest gain of this bull market? In terms of the profit margin, it is definitely not as good as the previous round. In terms of industry accumulation, it is often ineffective accumulation. So far, the gains are more from the emotions of retail investors. The visible side: This bull market, whether in terms of narrative development or the output of new things, gives people a sense of fatigue. This is not simply a feedback from the market, but more from the current situation of the industry. The invisible side: I think new things are always bred in a downturn. Maybe in the second half of the year, there will be a moment that makes people shine. So, just endure it slowly, and you will always get through it.
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