Group 1 - The core viewpoint of the article highlights that geopolitical events in the Middle East continue to create uncertainty, suppressing global markets. The A-share market shows resilience with a relatively small pullback, but as the events prolong, the time needed for digestion and consolidation will also extend [1] - The market experienced fluctuations last week, with average daily trading volume decreasing. The Shanghai Composite Index only saw a slight rebound on Wednesday, while other trading days showed adjustments, closing below the six-month moving average on Friday. The Shenzhen Component performed slightly better, still contesting the 60-day moving average [1] - The market's focus last week was primarily on the banking and telecommunications sectors. The normalized ratio of the CSI 2000 to the CSI 300 continued to decline, indicating a shift in market dynamics [1] Group 2 - The Shanghai Composite Index has been in a downward adjustment phase, with its focus shifting lower. After reaching a new high in early March, it has been retreating, with the rate of decline accelerating last week, breaking below the early February low on Friday [1] - Close attention is needed on the six-month moving average, with the main support level below it located near the market low from mid-December [1]