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From a technical perspective, the breakout of the downtrend line continues to look bullish to 88000 or above. Recently, I also mentioned in a live broadcast that Trump's tariff war has reached its peak and will only lead to continuous compromises. Yesterday, Trump exempted the semiconductors used by Apple from tariffs, indicating that Trump's tariff policy is under significant pressure and he has to make various compromises. Additionally, U.S. Treasury bonds continue to be sold off, with 6 trillion U.S. Treasury bonds set to mature in June. Trump fundamentally lacks the confidence to escalate the tariff war further. The short-term market is not reversing; it is merely a bottom rebound. I believe there will be a third bottom-testing market ahead, which may be a war against the digital RMB bridge settlement system that the U.S. has launched against us.
Source: Wu