Group 1 - The national team has paused market support, leading to a significant drop in the Shanghai Composite Index, which fell below 3400 points after only two days above that level [1] - The recent market rebound failed to break the high point from May, indicating that the current upward movement is merely a temporary disruption in a larger downward trend that has persisted since October of last year [1] - The Hong Kong stock market is also experiencing a noticeable pullback, suggesting that the A-share market may face challenges in rising [1] Group 2 - The A-share market opened lower and continued to decline, with the overall index dropping by 1.46%, indicating a critical third day for potential reversal [3] - Over 4400 stocks declined, and trading volume significantly increased, with half-day trading reaching 936.1 billion, suggesting heightened selling pressure [3] - The main funds played a role in driving the market down, with a net sell of 47 billion in just half a day, particularly affecting major stocks like Kweichow Moutai and Wuliangye [5] Group 3 - All three major indices declined, with the Shanghai Composite Index closing down 0.75% and falling below 3400 points, driven by a net sell of 606 billion from main funds [7] - The pattern of selling at the 3400-point mark appears to be systematic, possibly influenced by AI-driven quantitative trading strategies [7] - The increasing dominance of quantitative trading in the market poses challenges for traditional institutional and individual investors [7]