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Recently, many people have begun discussing a question: Has the market already released all of its risks?
To be honest, from a technical structure perspective, it might be a bit early to talk about "complete release" right now~
Looking at major global stock indices, they are basically all near historical highs. Dow theory has a simple logic: the longer a trend runs, the greater the reverse forces accumulate internally. In other words, the more stable the market appears, the more energy actually builds up underneath.
Many people treat one or two sharp drops as risk clearing, but in reality, these are mostly just emotional releases. True large-scale corrections are never completed with a single bearish candle. Instead, they unfold over time through repeated oscillations, structural breakdown, and eroded confidence. Only when everyone gradually becomes accustomed to these fluctuations does the destructive power slowly become evident~
So there are two things worth remembering going forward:
First, don't rush to give yourself credit if the market immediately drops after you've warned about risks~
Second, don't assume everything has turned around just because there are a few rebounds in between~
Major market moves are never completed in a single day.
The market's real test often begins quietly right when everyone starts to let their guard down~