I just re-entered a portion of the storage position I sold earlier today, opening a position less than half the size of yesterday’s. My reasoning is that while this level doesn’t offer as clear a bounce setup as yesterday, if my view that yesterday marked a major阶段性 bottom remains unchanged—given that negative catalysts have been priced in, the earnings season and FOMC are now behind us, and the largest long leverage has been unwound, signaling a shift in market sentiment—then a 40% rebound in one day followed by a 10+ point pullback at open is entirely normal, as it flushes out profit-takers and trapped holders. Let’s test this thesis: although I still don’t believe this is a full reversal—since June’s high occurred under conditions of maximum leverage, widespread retail participation, and zero trapped holders—I do believe this rally will be a weekly-scale rebound, with at least three or four solid swing opportunities along the way.