I think there may be a slight correction in the sale of the news during the China US meeting on Thursday, similar to the brief three-day adjustment after the US visits to China on May 15th, 18th, and 19th, and then continue to rise. This small correction is to give those who did not get on the bus a chance. The S&P has risen so much, with the risk and green at 35 risk. The market price has recovered, but the sentiment is still in the fear zone, which is a typical case of rising in doubt. This can also be understood as a bottom divergence in sentiment, with prices continuing to strengthen, but market sentiment remains cautious. This also indicates that there are still a large number of doubts and potential bearish funds in the market during this round of rise, and a crowded state where everyone is chasing the rise has not been formed. Therefore, the current bull market is growing in doubt and has not entered the stage of emotional overheating. The higher the price, the more anxious everyone becomes. Let's analyze the market psychology. The reason is also very simple. The consecutive rounds of washdowns in July and August have disrupted the trading psychology of many people. The market has formed a conditioned reflex of not believing that even if it rises, it will be afraid of being hit again. So now that the index is rising, emotions have not been synchronized and repaired. Many people's first reaction is not to chase after the rise, but to suspect that this is another fake breakthrough. But ultimately, the transaction still needs to return to the technical aspect. BTC has surpassed 83000 and set a new high. SOXX has also broken through the previous high on August 17th, and the market structure is reshaping into higher high and higher low. For me, this is more important than emotions and stories. You can continue to doubt the market, but the price is telling you that the trend has changed. After a bear market ends, the market does not wait for everyone to believe before rising. Large market trends often emerge when most people still do not believe.