Group 1 - The current market is assumed to be breaking out of a consolidation phase, indicating the start of a major upward trend, with sentiment indicators returning from a low to a warmer zone [1] - The Shanghai Composite Index has already achieved a breakout and is in an attacking posture [1] - The Shenzhen Composite Index has also achieved a breakout and is in an attacking posture [2] Group 2 - The Sci-Tech Innovation Board Index has just reached the upper boundary of its consolidation structure, indicating an attacking posture [3] - However, a divergence in momentum has been observed on a 5-minute scale, suggesting that short-term gains may be limited [4] Group 3 - The overall market situation aligns with previous analyses, indicating that the pullback will not be too deep and that the market is at the end of the first phase of a bull market, which typically lasts 8 to 10 months [6] - It is noted that before entering a major upward phase, the sentiment indicators may drop into a cold zone but not necessarily to freezing levels, as seen in previous bull markets in 2014 and 2019 [6][7] Group 4 - A common characteristic before a major upward trend is a narrow, rhythmic, and self-disciplined fluctuation or consolidation structure, typically requiring at least three touches (3T) [8] - Currently, the market is only at 2T in its consolidation structure, suggesting a potential short-term pullback for confirmation before a breakout [8] Group 5 - There is caution against excessive excitement in the media regarding the market, as recent gains in brokerage stocks are limited to a few mid-cap firms, indicating a possible high-level distribution rather than a broad-based rally [8] - The real surge is observed in financial software stocks, driven by policy announcements, which typically attract speculative trading [8] - The proportion of stocks with gains exceeding 5% is not high, indicating a long-tail effect where only a small number of stocks are performing exceptionally well [8]

Group 1 - The A-share market is experiencing a strong upward trend, with the Shanghai Composite Index reaching a new high for the year at 3455.97 points, up 1.03% [2] - Analysts believe that the current bull market phase began on September 24, 2024, and the index has fully recovered from previous losses, confirming a main upward wave [3] - The recent surge in the market is attributed to several factors, including the easing geopolitical tensions between Iran and Israel, and expectations of interest rate cuts by the Federal Reserve [3][4] Group 2 - The financial sector, particularly brokerage stocks, has played a significant role in driving the market's rise, supported by measures from the central bank to encourage long-term capital inflow [3] - There is a strong recommendation to focus on sectors such as pharmaceuticals, military industry, and financial technology for potential investment opportunities [3] - The overall market sentiment is improving, with a notable increase in risk appetite, suggesting that high-quality companies are currently undervalued and present a good long-term investment opportunity [2]

Group 1 - The current A-share market shows limited pullback with nearly 4000 stocks rising, indicating a lack of confidence among investors despite positive market movements [1][5] - The market has been in a correction phase for 8 months, and missing the upcoming main upward trend could lead to a repeat of 2024's performance [3][5] - The A-share market is expected to experience a main upward wave, and investors are advised to remain patient and not to overthink the situation [3][5] Group 2 - A new market cycle is believed to be starting, with key sectors such as liquor, securities, and real estate showing signs of synchronized movement [5][7] - The recent market dynamics suggest that the banking sector has fulfilled its role, and the current pullback is a transition of funds between high and low growth stocks [5][7] - The overall market sentiment remains optimistic, as nearly 4000 stocks rising indicates that there are no significant underlying issues [5][7]