量化数据揭示主力洗盘真相

Core Viewpoint - The A-share market is exhibiting unpredictable behavior, with the Shanghai Composite Index fluctuating around the 4000-point mark, while sectors like steel and coal are performing well, contrasting with the decline of previously strong stocks like Tianfu Communication and New Yi Sheng [1][3]. Group 1: Market Behavior - The market is characterized by a "reshuffling" game orchestrated by large funds, where stocks must overcome two hurdles: speculative buying and profit-taking [3]. - The current market dynamics resemble a psychological battle, where large funds manipulate stock prices to shake off weak hands before a genuine rally begins [3][4]. - The performance of stocks is not solely determined by financial metrics; for instance, the best-performing stocks during a past rally were in the solar sector, despite the entire industry being in losses [4]. Group 2: Institutional Influence - Institutional funds play a crucial role in determining stock price movements, as their investments are driven by cost considerations rather than arbitrary decisions [4][6]. - The presence of institutional activity can be identified through data analysis, which reveals the true dynamics behind stock movements, contrasting with superficial appearances [6][8]. - The current market leaders, such as steel and coal, are driven by significant institutional interest, indicating that market trends are largely dictated by fund movements [8].