#我在Gate广场过新年

Assuming he's a genuine seller, then we need to consider: why is he selling?

Is he buying with his left hand and selling with his right? Not very likely. Playing this game with BlackRock's size would be too demeaning!

He doesn't need to look at K-line charts, nor is he relying on technical analysis to predict a decline.

Honestly, he has access to information at his level, and he's not optimistic about the future market, which is why he chose to sell.

The holding periods for such institutions are usually very long, and they can hold onto their positions, so no one can really say how far the "future market" is.

It’s also possible that he thinks there are cheaper chips waiting later, so he’s temporarily exiting the market and will buy back at a lower price.