After Christmas, the market indeed showed widespread weakness at the open. However, I mentioned this phenomenon last week — it was completely within expectations. The VIX hit a new high on the daily chart, but from a higher time frame perspective, it still remains in a bearish pattern. Honestly, considering the various charts we've discussed over the past few days, the current adjustment does not warrant excessive panic. The technical aspect still supports this judgment. The red market this time is mainly due to year-end liquidity characteristics and normal profit-taking reactions. How it will develop next still requires ongoing observation of chart signals.