From the perspective of time nodes and market reaction intensity, the core driving factors behind this round of market rally are very clear. On one hand, both China and the United States have finalized talks to be held in Switzerland, and the market generally expects favorable policies related to tariffs to be implemented; on the other hand, the Chinese central bank announced significant news of interest rate cuts and reserve requirement ratio reductions, which not only injects a strong boost to Chinese assets such as Hong Kong stocks and A-shares but also synchronously drives the cryptocurrency market into an upward trend.

The key period for market initiation once again verifies the importance of the Asian trading time zone. During this market rise, Bitcoin prices steadily increased, and S&P futures and Nasdaq futures quickly recovered the declines from the previous day, demonstrating strong recovery momentum.

The duration of this market fluctuation exceeded expectations.

Looking back at recent trading arrangements: last week, I decisively placed short orders at the 97,500 point level, and the market subsequently dipped to around 93,300. While market fluctuations inevitably lead to stop-losses, those who blindly question after a single stop-loss clearly have not grasped the essence of trading and will find it difficult to walk the investment path alongside me; such investors will ultimately continue to learn lessons through the market's trials.

Regarding future trends, my judgment is: the cost-effectiveness of going long is currently not high, and in the short term, the market may maintain a sideways fluctuation pattern. After noon, prices are expected to gradually enter a pullback mode!

Stay tuned to my path to wealth to avoid getting lost.