I'm not sure Haejin, I think this might have been the bottom, with 12K as the target of these next 5 waves up.

Looks like it bounced off the 50MA and fib level. Looks like a fib spiral (very bullish).
We might not be going down here, but for similar reasons to you, I hope we do have a slightly longer, appropriate correction.
But perhaps the biggest bag holders feel that 3 months is enough already :)
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