The current market support is solid, and the risk of a significant drop in the short term is low.
For investors holding long positions below the price level of 93800, it is recommended to retain some positions and set a breakeven stop loss.
There are signs that if some speculative funds enter the A-shares market tonight, there may be a price surge during the May Day holiday.
However, caution is needed, as the market might take advantage of investors' complacency on the last night of the holiday to initiate a sell-off, which may set the stage for the Federal Reserve's interest rate meeting two days later.
Typically, the market tends to be cautious 24 hours before an interest rate meeting, and major funds often exit early to observe the situation.
