Zhongtai Securities said that looking ahead to the future market, the overall market before the Spring Festival still has room to rise, and there are still opportunities for a short-term slump. At this stage, the main risk factors limiting the market have clearly weakened compared to the previous period, and risk appetite is expected to remain at a high level. Looking at the external environment, early market concerns about the tightening of global liquidity expectations and the correction of the overvalued AI sector of US stocks were mitigated. It should be emphasized that the current market is more in line with the characteristics of the stage of “preparing for the market before the Spring Festival after the bottom is consolidated”, rather than that the main upward wave has officially begun. Currently, market capital is more likely to adopt the participation method of “dipping layout and structural switching” rather than trending positions at a high level. This determines that the short-term market is more likely to be interpreted by “gradually raising the center of gravity in the midst of shocks and continuous adjustment of the internal structure” rather than a rapid rise and a one-sided, continuous profit effect.

Zhongtai Securities said that looking ahead to the future market, the overall market before the Spring Festival still has room to rise, and there are still opportunities for a short-term slump. At this stage, the main risk factors limiting the market have clearly weakened compared to the previous period, and risk appetite is expected to remain at a high level. Looking at the external environment, early market concerns about the tightening of global liquidity expectations and the correction of the overvalued AI sector of US stocks were mitigated. It should be emphasized that the current market is more in line with the characteristics of the stage of “preparing for the market before the Spring Festival after the bottom is consolidated”, rather than that the main upward wave has officially begun. Currently, market capital is more likely to adopt the participation method of “dipping layout and structural switching” rather than trending positions at a high level. This determines that the short-term market is more likely to be interpreted by “gradually raising the center of gravity in the midst of shocks and continuous adjustment of the internal structure” rather than a rapid rise and a one-sided, continuous profit effect.