My judgment is that a major negative event—such as an escalation of Middle East geopolitical conflict—will initially cause a sell-off, triggering market panic. But here’s the twist: some big whales might aggressively short during this decline, deploying nine-figure short positions, only to get trapped. Once these large short positions are liquidated, it can reverse and push the price back up. This kind of scenario repeatedly occurs in bull markets—the more seemingly bearish news there is, the more likely it is to trap those speculators chasing downside. The market’s counter-movement often hides in the most seemingly pessimistic moments.