---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40319569.md"
description: "Rising Dragon has surged over 300% in this wave, the thin float of the SPAC was squeezed, with no substantial business news driving it.This pattern is usually: rapid surge → loose holdings → rapid pullback. The question isn't the logic of whether it will rise, but whether there's a basis for new entries at the current level.SPAC-type stocks are handled within a 'pure momentum' framework—no business, no profits, only turnover rate is the signal 🙄"
datetime: "2026-04-30T09:33:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40319569.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40319569.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40319569.md)
author: "[好事连连](https://longbridge.com/en/profiles/27514675.md)"
---

# Rising Dragon has surged over 300% in this wave, t…


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