In this round of US stock decline, unless the US really enters a recession, a drop of about 10% is about right and it won't be as severe as in April.

So, the game in this round of decline is whether the market thinks interest rate cuts are more beneficial or if a recession is more detrimental.

Is it that halfway through the decline, the benefits of interest rate cuts promote a rebound, or is it that a recession shock prompts Powell to intervene in the market?

Only God knows about this; no one can predict it accurately.

I only know that I won't make the same mistake I made in April (liquidating positions to wait for a decline but not buying enough).

Please remember: being overly conservative is a form of risk, and not taking risks is the biggest risk.

Additionally, if A-shares also crash next week, I strongly recommend stocks related to brokerages, or just mindlessly buy brokerage ETFs; it's a stable investment with a 20% return in a year.