There are now two very counterintuitive points. The first: ETFs are essentially high-speed channels. In a bear market, the biggest shorts can push the market down more easily and quickly. During this wave of decline, ETFs have played a significant role. The second: leveraged longs are the biggest shorts in a bear market. Some institutions leverage to go long; when the market is good, they buy Bitcoin, Ethereum, and add leverage, definitely pushing the market further up. But when the market declines, they become the biggest shorts in the market, ruthlessly selling off. So everyone, whether it's true ETF users, institutions, or retail investors, is playing a game of who can run faster. The one who runs faster can survive until the end, not the one who eats the most. Isn’t Yilihua just trying to eat a little more? Essentially, this is the core issue.