At present, there is a clear lack of buying in the spot market, and the rebound is mostly short-covering. The situation is not optimistic. Consider reducing positions or hedging.
For knockoffs, don't rush to act for the time being. Everything must wait for the overall market to bottom out. The 312 point has been tested repeatedly many times, and the timing of bottom-fishing may take time to wait.
At present, the decline of US stocks is only 10%. Usually, the decline will exceed 20% during a stock market crash before it bottoms out.
For future operations, be sure to make a careful plan to avoid blindly chasing up or bottom-fishing. Professional investors often suffer losses from bottom-fishing.
Don't expect the market to quickly reverse in a V-shape. Although the possibility of recovering losses overnight exists, it is extremely small.