PANews reported on February 10th that Kyle, an investor at Defiance Capital, stated on social media that the stock market performance over the past four months shows that non-US markets are in a structural bull market, while the US market is experiencing significant volatility, facing both currency depreciation and two-way fluctuations exceeding 20% ​​in a non-bull market environment. Therefore, he has decided to adjust his portfolio to allocate 75% to non-US markets and 25% to the US market.