Many people misunderstand one point: what are the big funds in the market truly afraid of? It's not retail investors following the trend, but those who can't hold onto their money.

A rational trend follower and large funds actually have no conflict. If you agree with the logic, catch the trend, are willing to hold positions, can withstand pullbacks, and are not shaken out by volatility—such funds actually help during an upward phase. If you don't sell, big funds save the effort of taking over; if you can hold on, they find it easier to push prices higher. It's a win-win situation.

Short-term emotional trading is a different story. These funds look at minute-by-minute charts, follow emotions, chase rallies, and sell on dips—coming in and out quickly. When there's a pullback, they panic and exit; during a rally, they frequently dump, draining the upward momentum of the market. From the perspective of big funds, this isn't cooperation; it's adding chaos.

So what exactly is the purpose of a shakeout? It's not about "smart money" being tested, but rather those who can't hold their positions, are dreaming of overnight riches, and have extremely unstable mindsets. The market never rejects retail participation; it rejects chaotic chip structures.

Whether you can become the kind of "permitted" capital doesn't depend on how large your account is, but on whether you understand market logic, respect the trend, and most importantly—whether you can control your fear and greed.