What determines the rise and fall of the market, I think it's all about emotions. For example, if there are more retail investors who get out of positions when the market is rising, it will continue to rise; on the contrary, if both retail investors and institutions are selling, then it must come down. Emotions are stirred up by a small group of people. As a retail investor, don't rely too much on indicators, pay attention to emotional indicators such as panic value, funding rate, and long/short ratio.

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