The buy side directly grinds against the sell orders, aggressively consuming incoming orders to drive buys to 64%. After seven hours, the buy volume surged again—this isn’t testing at all. It’s the bulls holding real money, frantically抢 (snatching up) shares. On the order book, the sell orders are posted in a sparse, scattered way; the buy-side orders are more than twice the size of the sell-side. Even the bears can’t be bothered to put on the show of lining up fake chips. On large-account holdings, longs make up 60%, and the positions are also concentrated on the long side. Smart money and retail traders are standing on the same side. Anyone still waiting for a pullback on this kind of tape is frankly making life difficult for themselves. In the short-term cycle, the moving averages are all support underfoot; the trend hasn’t broken—so hold the longs.