This is called market structure.Most of the big funds are bought at a low level and held at a high level.The funds have pushed the stock from a low level to a high level.
That's why Thiel, Yiming, it's only this high,For others in the plate, the relay profit-loss ratio is not cost-effectiveThe funds have pushed the stock from a low level to a high level.
There will be many such two-wave moves in the future.
Strategy guide
Strategy guide 12-13