Looking back now, it's easier to understand Xu Xiang's moves—extremely sharp market intuition and decisive trading skills. After clearing positions during the first reversal of the uptrend structure, he boldly bottom-fished once the news of the national team stepping in to rescue the market was confirmed. Then, with the rebound showing weakness, he cleared all positions in three steps. There wasn’t a single flaw in his actions. His biggest 'crime' was having too much capital, with the opposing side being the national team. No matter how good your macro view or technical skills are, you can't afford to offend the house running the casino.