Although historical data shows that August and September may be periods of underperformance, I still have confidence in market Liquidity. At the same time, I believe that some metaphysical methods can provide reference, but I will not blindly trust them. After all, any analysis method may have certain biases, and what is important is to grasp the overall direction.

In the recent market trend, we have seen multiple pullbacks above the daily level, which has made market operations very difficult. Looking ahead, I believe this slow bull trend may become the norm. The kind of rapid rise to the peak of a bull market after daily pullbacks may no longer occur.

The fundamental reasons for this situation are mainly twofold: First, the control of institutions over the market has strengthened; second, there is insufficient market 流动性, which is largely due to the Federal Reserve adopting a more conservative policy stance.

In this market environment, investors need to adjust their strategies, placing greater emphasis on long-term value investing rather than short-term speculation. At the same time, closely monitoring macroeconomic policies and changes in market Liquidity has also become more important. Although the market may become more volatile and unpredictable, as long as patience and rationality are maintained, there are still opportunities to achieve stable returns in this slow bull market.