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The market crash has passed for some time, and with the New Year, it has just given the market enough time to digest the impact of the sharp decline.
From historical patterns, after a significant correction, the market usually undergoes about a one-month consolidation phase before entering the next stage of the trend.
The new round of market movement is most likely to arrive in early March, with the core trigger being the Federal Reserve's mid-March interest rate decision meeting. In the weeks before and after each meeting, the market has experienced intense volatility.
Current market expectations are very clear: the Federal Reserve is highly likely to keep interest rates unchanged in March, which directly determines that the market will ultimately continue to decline regardless of fluctuations.
The only difference is whether it will weaken directly or first rebound to gather strength before oscillating downward.
Before a major trend arrives, the oscillation window period is the main profit-making strategy for short-term swings.
Personally, I believe that 60,000 will not be the final bottom; the market still needs one last dip.