Humanoid robot concepts are in the spotlight today, seemingly poised to take over the emerging track. However, after reviewing the market close, there are many hidden traps.

Let's look at the three major risks: First, the core growth engine heavily relies on Tesla's robot as one leg, but the supply chain story has been repeatedly delayed—originally scheduled for mass production in Q4 has been pushed back to Q1 next year, and who knows if other issues will pop up later. Second, humanoid robots are currently mostly seen in short videos showcasing skills; there are almost no consumer-grade applications in real-world deployment, meaning the critical market-triggering event has yet to arrive. Compared to the narrative of commercial space grabbing low Earth orbit, the sense of urgency is clearly not on the same level. Third, this track has already been hotly discussed before, with valuations already overextended; will this wave of growth follow the old double-top pattern again?

Looking at the opportunities: Today, a large influx of capital swept through like a hurricane, activating the entire robotics sector that has been brewing for a long time. More than ten concept stocks and over ten percent gains in some stocks are everywhere. A few key points are worth noting—fundamentals and market sentiment are finally aligned; the sector has been dormant for a long time, and the monthly gains are not surprising, with no panic at high levels; from a technical chart perspective, there still seems to be plenty of room for upward movement.