Potential factors affecting the market:

1. Powell's speech: 10 o'clock tonight, pay attention to the Fed's policy direction.

2. CPI release: 8:30 tomorrow night, inflation data affects market expectations.

3. Mentougou dynamics: beware of negative news on the market.

4. Government selling currency: German and American trends may stir up market sentiment.

Short-term focus: Mentougou and government actions.

Long-term focus: the Fed's interest rate cut path.