Several recent “bad” and Fud events:

1. FOMC raises interest rates by 50 basis points

2. Strengthened supervision

3. Mentougou Incident

4. Shanghai escalates selling pressure

What can be seen is that the secondary market in March will be very difficult, and you can't escape by inserting pins up and down.

Nonetheless, in the medium term, the trend is still not over. After consolidation in March, the trend in Q2 is still upward.