The market was in mourning the day before yesterday, but today it is full of joy. Some people decisively bought at the low point of yesterday's market and are now enjoying rich profits; while others cut their losses at the low point and felt the cruelty of the market.

Market sentiment quickly turned from pessimism to optimism, and some people believed that if the current price starting with 4 is not entered, the last opportunity will be missed. Despite the divergent market views, I still maintain an objective analysis attitude. It is feasible to establish an initial position, but it is not the most critical step. We need to observe whether the market will enter a deep bear market or usher in a real bull market. History tells us that without a thorough wash, a big bull market will not come easily.

The oversold of 8.5 and today's rebound indicate that market sentiment is still optimistic. However, the lack of strong narrative support and investors' desperation may mean that the bull market has not yet arrived. Every real bull market starts, it seems to start at the most desperate moment for investors.

Therefore, I continue to maintain an objective perspective, keep a calm mind, and wait for the market trend to become clear. If the market does enter a bull run, we will enter the market at the lowest point of this cycle, especially when the market has a strong narrative support.