Huaxi Securities: The market has once again returned to a volatile pattern, with some pressure to cash in on the upward momentum.

Huaxi Securities pointed out that overall, after the emotional fluctuations caused by geopolitical conflicts eased, the market has returned to a volatile pattern. There is a certain amount of profit-taking pressure on the upside, while bullish thinking serves as support on the downside. Looking at the recent market trends, the market has started to trade on policy expectations, reflected in the sharp rise of financial technology and stablecoin concepts, which means that there may be a tendency to take profits in related assets. Non-banking sectors such as securities and insurance have seen slight gains, and if there are unexpected favorable policies in related industries, they may strengthen.