GOLD 1213

2025年12月13日

I asked AI whether it’s the school of sardines or the whales that move the market.

Conclusion: The market is largely moved by “whales.” However, in short-term price movements, the “school of sardines” cannot be ignored.

For sardines to survive, they must harness the power of the school, discern the whales’ currents, and move swiftly. In other words, agility and risk management—advantages unique to small players—are their greatest weapons.