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In the current capital market, this seemingly turbulent bull market actually presents the characteristics of "fake cattle" driven by funds. Under the crazy pursuit of funds, the prices of many theme concept stocks soared like rockets and were fired to a staggering high. In essence, this hype is tantamount to a zero-sum game, or a dangerous pass the parcel. When funds keep pouring in, the stock price keeps rising, just like a moon in the water and a flower in the mirror. On the surface, it is gorgeous, but this inflated prosperity lacks solid internal value support and is doomed to be unsustainable. Once the capital chain breaks or the market sentiment turns, this carnival banquet will come to an abrupt end, leaving only a chicken feather. Those investors who take over in high positions often fall into a deep trap. They may face great pressure to cut their meat, and may even lose everything because of investment failure and fall into long-term pain and regret.

Value deviation and market change under the capital-driven bull marketValue deviation and market change under the capital-driven bull market

In the current capital market, this seemingly turbulent bull market actually presents the characteristics of "fake cattle" driven by funds. Under the crazy pursuit of funds, the prices of many theme concept stocks soared like rockets and were fired to a staggering high. In essence, this hype is tantamount to a zero-sum game, or a dangerous pass the parcel. When funds keep pouring in, the stock price keeps rising, just like a moon in the water and a flower in the mirror. On the surface, it is gorgeous, but this inflated prosperity lacks solid internal value support and is doomed to be unsustainable. Once the capital chain breaks or the market sentiment turns, this carnival banquet will come to an abrupt end, leaving only a chicken feather. Those investors who take over in high positions often fall into a deep trap. They may face great pressure to cut their meat, and may even lose everything because of investment failure and fall into long-term pain and regret.