CXMT personal opinion: this is a pullback market. Yesterday, CXMT's IPO directly quadrupled, and those who participated in the new offering made quite a bit of profit. Today, everyone is rushing to sell shares and cash out, causing selling pressure to spike. On top of that, overseas storage stocks collectively declined, raising market concerns that the price hike trend might be nearing its end, dragging the market down with it. ──────────────── I think this wave is just a short-term profit-taking pullback. The big logic of domestic substitution hasn’t changed. However, this stock is extremely volatile, whether it’s A-shares or CXMT contracts, don’t blindly chase highs. If you’re playing short-term, make sure to manage your position and leverage. Avoid getting trapped. DYOR!