Ni just pointed out an important factor affecting the market: institutional funds are at an all-time low. According to his assessment, the continuous outflow of capital from large fund managers is the main reason behind the increasing psychological pressure on the market. When major players lack the resources to push prices higher, market momentum will inevitably weaken.

Notably, Bank of America (BOA) will release global fund economic data next week. This will serve as an important gauge to determine whether institutional funds are showing signs of recovery. If BOA's report indicates positive signals, it could help turn around the current market sentiment. Therefore, according to Ni, the upcoming data is not just numbers on paper but also a key to assessing whether the market situation will change in the near future.