There is another typical phenomenon worth being vigilant about: the retrospective "bottom-fishing narrative." There is a master who likes to emphasize how much it has risen from the lowest point, but those who have truly participated in trading know well that almost no one can consistently buy at the lowest point, let alone heavily invest and strike at that point. The real buying positions of the vast majority of funds often occur at the "halfway up the mountain" after the trend is confirmed. For a commodity like silver, which has a high volatility, once this entry structure encounters a normal level of retracement, it can easily quickly erode early paper profits, and even directly turn into losses. Participants lacking complete investment and trading experience, especially those driven by emotions and stories into the market, can easily have their mindset collapse under such volatility. This is not a market "trap," but rather a result of insufficient understanding of risk and one's own capabilities.