Discuss the rebound expectations and possible exit points. Some information is unclear, and if there are details, please help supplement them, and I will come back to make corrections. Therefore, this post can be considered a discussion tweet.

According to the initial script, the expectation was rise ➤ fall ➤ consolidation ➤ fall ➤ rise. The final rise mainly revolves around the speculation of interest rate cuts at the end of October. During the fall, the sudden imposition of tariffs by Trump on China triggered an epic crash and liquidation, which can be seen as having completed the earlier script in advance. So, what is the current rebound (rise) based on? On one hand, it is the emotional recovery that the market will naturally experience, as well as the expectation of a renewed reconciliation between China and the U.S., which will change with the intensity of U.S.-China confrontation. On the other hand, is there still an expectation of interest rate cuts this month? Will the tariffs lead to a decrease in interest rate cut expectations? What key point do we need to focus on for speculation? What should we use as a reference?

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