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From today's market performance, the market is showing a completely crazy growth pattern rather than a steady slow bull trend. The trading volume directly hit the 3.5 trillion level—this number hides risk signals behind it. More alarmingly, the turnover rate of the ChiNext Board has already surpassed the historical level of 2015. I have repeatedly warned everyone that such frantic upward movement is hard to sustain. Flipping through historical records reveals a pattern: on the eve of every stock market crash, the market plays out the same script—crazy trading volume combined with soaring prices. Data does not lie, and those extreme trading heats often serve as a warning sign of risk.