Behind the recent continuous fluctuations in the market, there are actually some deep-seated funding strategies.

The current market environment may be a key period for large funds to efficiently wash out. If we wait until the possible interest rate cut policy by the Federal Reserve in September materializes, the enthusiasm of retail investors to enter the market may significantly increase. In this case, if large funds want to carry out effective washout operations, not only will the costs increase significantly, but the time required will also extend. Therefore, July is viewed as the best time for washout, and if this window period is missed, the subsequent operational risks will gradually rise.

From a longer-term perspective, if the market generally expects to enter a larger-scale bear market cycle in 2026, then the operating time for large funds is actually quite limited. Whether it is reducing holdings at high positions, clearing floating chips, or completing chip transfers, all require prior layout and completion. If we wait until the interest rate cut in September, there may be a surge in August, at which point retail investors are likely to have already made preparations during the previous rise, which will greatly reduce the effectiveness of the washout and may even be counterproductive.

Overall, the current market fluctuations may be large funds preparing for future market changes, and investors need to remain vigilant, analyze market trends rationally, and make informed investment decisions.