$BANK Stay bearish. This round of the sharp sell-off has indeed come very fast—just a few days ago they were stirring things up, and after they liquidated a batch of shorts, they went straight into a waterfall decline. At this point, it looks like the main players may have already finished distributing, and the market is likely about to pause for a while. From here, expecting a direct V-shaped rebound is probably hard—this time, the bears have truly turned the tables. Still, everyone should watch risk in their operations: keep an eye on how the market develops, and don’t chase it too aggressively.