[Leto Bao: The Storage Sector Enters Chain Liquidation, Deleveraging is Healthier in the Long Run] Odaily Planet Daily News – Leto Bao, who gained fame for 'making 30 million trading ByteDance stocks,' published an analysis on the recent sharp decline in the storage sector. He attributed the drop to institutional investors withdrawing en masse, combined with leveraged funds facing forced liquidations, triggering chain reactions and causing a spiral downturn in the market. He believes that appropriately clearing out leveraged funds is more beneficial for the long-term healthy development of the market. Additionally, Leto Bao emphasized that investing requires building one's own research framework and conviction. He advised ordinary investors to choose investment strategies based on their individual risk tolerance: - Those under significant financial pressure should prioritize reducing leverage. - Those lacking savings should focus on improving their earning capacity. - Those with some capital but lacking investment experience should prioritize allocating to index funds rather than individual stocks.