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The wave on November 21st bottomed out and rebounded, rising directly from 80,500 to 94,640 to complete the first phase of the increase. Subsequently, it started to adjust from 94,640, and this pullback corresponds to a correction of the first upward move. Based on the current trend, we are very likely already in the third part after the second decline—meaning the rhythm of the second upward move. This analytical approach was actually publicly discussed last Thursday, and now the market is validating that judgment.