The recent market is all about Asia's rise. The U.S. stock market has been flooded as soon as it opened. So far, the volatile downward trend has lasted for six months. It is recommended not to touch long-term contracts during this period. Intraday short-term is mainly long in Asia and short in U.S. stocks. When entering the spot market, you must remember to use batches or left-side fixed investment to share risks. The liquidation chart shows that there is very little long liquidation funds. Taking 4,000 points as an example at the 54,000 position, only 300 million funds can be liquidated at 50,000, and there is basically no long funds further down, but at 58,000, nearly 1 billion funds can be liquidated, and when it rises to 60,000, nearly 2 billion daily shorts can be liquidated! Although it is in a downward trend, it is still cautious to make a decision to chase the short. According to the data, ETFs have been in a state of large outflows in the past few days and have lasted for seven days. The panic level is 23. After the non-agricultural data was 14.2, it rebounded and then fell by 4,500. This wave is also a typical buy-expectation-sell-fact, which is an early response to the interest rate cut, so there is a downward correction market. The main force is worried about financial risks and reduces leverage funds to escape risks.