Brothers!
After each plunge, the market will rebound and fluctuate sideways, and then there will usually be a second bottoming out.
If the second bottoming out breaks a new low, the market may continue to fall;
If it does not break a new low, it may start to reverse.
Historical data shows that the logic after a surge is similar: after the first new high, it will pull back, and if it rises again and breaks a new high, it will continue to rise, otherwise it will reverse and fall.
At present, the market is in a stage of fluctuating sideways and second bottoming out. It is not recommended to blindly build a position to buy the bottom. You should wait until the second bottoming out is completed before making a decision.
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