The momentum of the large pancake at the beginning of the month is very strong, but it still hasn't broken through the resistance level. The continuous decline over the past two days is also expected.

However, this wave of sharp decline may be a result of the market anticipating that the interest rate meeting will not result in a rate cut.

As for the market movements in the next few days, it will likely continue to dip a bit, then start to consolidate, and wait for the meeting to conclude.

The results of the meeting on May 8th will be:

1. Rate cut: The market takes off, ushering in a small bull market.

2. No change: The market has already anticipated this, and a slight dip could lead to further gains.

Success or failure depends on today!