Many people believe that the turning point between bulls and bears is the highest and lowest point. That is the perspective of the rearview mirror of your review after the K-line has completed its course. If you try to predict the market, then the interest rate cut in August is a typical turning point between bulls and bears. At that time, taking advantage of the favorable news to sell off, the market did not rise but fell, which was the first time after several rate cuts. Subsequent rate cuts were similar. Although it rose 1000u after 12.45 to 12.6, it was almost impossible for bulls to make money after 12.45. Even if it reached 12.6, it would quickly lose all gains. Therefore, the interest rate cut in August was the real start of the bear market. That was when we could feel the switch between bulls and bears in the market, rather than summarizing the turning points of the K-line afterwards. You will never improve by reviewing the turning points of the K-line; only by truly participating in the market can you understand what I am talking about. In August, I saw a bearish future. At the end of November, I saw a bullish future for the next few months. Time will provide the answer. Be patient and wait.