---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42788365.md"
description: "A reasonable price is not the bottom; only significant divergence and prices below the reasonable level can form a bottom. When a bottom forms, bears are always the majority, while bulls are always trembling with fear.Gao Shanwen"
datetime: "2026-07-18T23:23:20.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42788365.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42788365.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42788365.md)
author: "[物极必反](https://longbridge.com/en/profiles/17099250.md)"
---

# A reasonable price is not the bottom; only signifi…