According to CoinMeta, China Merchants Securities released a strategic analysis stating that the rebound in the A-share market exhibits the characteristic of "first elasticity, then prosperity." A review of the nine major adjustments in the A-share market since 2015 reveals that sharp declines were often triggered by external shocks or liquidity risks, and stabilization was always marked by policy responses. On average, the rebound period after an adjustment lasted for 34 trading days, with the average rebound amplitude of the WIND All-A index exceeding 19%. Industry performance showed a "two-stage" rotation: in the first 10 trading days of the rebound, sectors with high beta and significant declines, such as electronics and computers, led the gains. After 20-60 trading days, the market shifted to sectors with solid prosperity prospects, such as power equipment and food and beverages. For this round of market trends, it is recommended to make investments in two steps: initially, focus on sectors with high elasticity that have seen significant declines, such as TMT, and pay close attention to leading companies in computing power both domestically and internationally. After 10-20 trading days, when these sectors return to prosperity, rebalance your portfolio to include sectors like power equipment, chemical pharmaceuticals, coal, and non-bank finance. The overall investment strategy should revolve around three main themes: "technological innovation, enterprises going global, and rebalancing of traditionally undervalued sectors."