On February 25th, it was mentioned that the turning point of the collective sell-off of software stocks in the past period (the overall sell-off of software stocks can be considered as a phase ending). Looking back now, it is indeed the time when the bottom turning point was established, and now IGV (software stock ETF) has rebounded by 15%. And what is more consistent is that the big cake really rebounded along with it, which has once again verified the highly correlated trend between the big cake and IGV in the past two years. Previously, https://(x.com)/qinbafrank/status/202689692296486066? S=46&t=k6rimWs Ebo2D2TXolYcM-A Here is a discussion on the logic behind such a high correlation: The asset attributes are the same and all belong to high beta risk assets; The investor group is consistent; The previous sell-off was also influenced by the development of AI. Continue to monitor whether this correlation remains valid in the future. This article is sponsored by @ bitget_zh, titled 'Bitget Buying US Stocks: Instant Entry, Smooth Trading'