These past few days have also been a period of bottom-fishing. If you bought Bitcoin, US stock indices, and A-share indices, you would have made money. However, if you bought individual stocks within specific sectors, such as MAmericaNDK or Zhongji Xuchuang, you would most likely have lost money. This illustrates that while you may have profited from the index, you may not have made any individual stock. This demonstrates the stability of alpha returns and the narrowness of beta returns.