I think it’s a mix, it often reacts sharply to major fundamental shocks like wars, interest rate announcements or regulatory crackdowns, it also tends to recover relatively quickly once the news is digested. I do believe it responds to fundamentals but it also has its own momentum and narrative that keep pushing it forward. I think we’ll see more of this duality, short-term reactions to external events followed by corrections and a return to the broader trend whether bullish or bearish.