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Dan Bin: In a big drop, you must dare to buy—just emptied the remaining bullets.

MeNews
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ME News message, July 29 (UTC+8). Today, Dan Bin said on Xueqiu: “A big drop is exactly when you have to dare to buy. I’ve just emptied the remaining bullets.” Previously, he wrote: “Going long 2x on the Hailix ETF is down 25.72% at this moment. Leverage tools can magnify gains, but they will also multiply risk. When the tide goes out, you can see the market’s brutal volatility more clearly. Therefore, these leveraged products need to be especially cautious.” Dan Bin believes that Hailix has also become one of the companies that marks, in stages, this round of the AI rally. Based on the adjustment pace right now, the short-term direction will most likely become clear very soon. Of course, when you look at the longer time horizon, only companies whose supply-and-demand structure continues to be optimized and whose profitability improves steadily will have a chance to get through one cycle after another. (Source: ODAILY)
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