Many people are a bit confused when looking at today's market situation. Before noon, major stock indices suddenly plunged, and everyone is frantically searching for the reason. Actually, what I want to say is—does it really matter that much?

After a rebound trend reaches a certain height, adjustments become commonplace. Don't say it's just a sudden drop during trading hours; even sustained selling is reasonable. Many people in the market have long had psychological expectations—they just aren't sure when the adjustment will happen and in what manner.

I actually think that choosing a sharp decline during trading hours today can be considered a relatively healthy adjustment method. A sudden drop in an upward trend isn't necessarily bad news; it can facilitate a full exchange of chips inside and outside the market in a short period. Some profit-taking can be washed out, and it also creates entry opportunities for those who missed the boat.

The current market is dominated by quantitative trading, so collective plunges are not surprising. Continuous rebounds and rises can easily trigger the preset targets of quantitative trading algorithms. Once the programs start selling, it can trigger a chain reaction affecting other strategies, leading to this rapid decline in the short term. Everyone needs to be psychologically prepared for these changes.

As previously analyzed—during a continuous decline, consider the potential rebound turning point after the market becomes oversold at a key node; during a continuous rise, also identify the critical point of overextension and be aware of possible subsequent adjustments. Today's sharp drop, from an intraday perspective, indeed counts as an adjustment, which in turn confirms the current bullish market strength—strong rebounds, quick adjustments. This rhythm is exactly what a healthy market looks like.