Friends, yesterday during my live stream, I predicted that after a second decline, there would be some consolidation followed by a rebound. We should also pay close attention to whether the small-rate hike will be just 25 basis points. Today, the small-rate hike was in line with market expectations of 25 basis points. During yesterday's live stream, we also mentioned that if it's only 25 basis points, the negative impact will be limited, making a rebound more likely. From a technical perspective, the market experienced a five-wave decline. Technically, the rebound demand is relatively strong. Today, our focus is on the 2:30 PM statements from the PBOC and the Men’s Watch. This is the only time this year that the PBOC's speech can be as important as Fed Chair Powell's comments. If they say they will pause after this hike and continue to observe, the probability is high, which would be a dovish rate hike, and the market is likely to continue rebounding.