A股震荡整理，大资金是吸筹还是派发？后市或将继续冲高

Group 1 - The new U.S. tariff policy will significantly test the A-share market, particularly affecting consumer electronics, battery materials, and foreign-invested liquor stocks, which may face severe volatility and risks of flash crashes [3] - Silver prices have reached a ten-year high, leading to a 40% surge in trading volume for Yintai Gold, while agricultural stocks like Shennong Seed Industry have seen a 20% increase, indicating a shift towards safe-haven assets [2] - The white liquor sector is experiencing a downturn, with Kweichow Moutai's stock price dropping below 2000 yuan, which is interpreted by some analysts as a positive signal for market stability [5] Group 2 - Evidence suggests that the A-share market may not have peaked at 3500 points, as a volume contraction during the recent high indicates that major players are not exiting the market [6] - The market is closely watching policy developments, such as the "two innovation board reforms" and breakthroughs in solid-state battery technology, which historically have kept major funds engaged [6] - Current market sentiment shows a low profitability rate of 45%, contrasting with typical peak conditions characterized by high investor enthusiasm, suggesting that the market may still have room to grow [6] Group 3 - The white liquor sector's decline is seen as a strategic move by large funds to create anxiety and facilitate profit-taking through market fluctuations [10] - Retail investors face risks from misleading technical indicators and market manipulation by institutional players, necessitating a shift in strategy to survive in the current environment [7] - Two recommended strategies for retail investors include following quantitative models to track major fund movements and engaging in event arbitrage to capitalize on market developments [9][10]