According to CoinMeta, looking ahead to the market, Cao Liulong, the chief strategy analyst at Western Securities, believes that the reforms in the capital market continue to be effective. The valuations of large-cap blue-chip stocks are not high, so there is no need to be pessimistic about the A-share market in the medium to long term. Cao Liulong stated that securities, funds, insurance, and swap facilities provide reliable channels for liquidity support to institutions, while the special re-lending programs for share repurchases and increases in holdings bring real funding sources to listed companies and their major shareholders. These two tools effectively halted negative spirals and restored institutions' willingness to increase holdings during periods of market pressure. As the interest rates on these related tools are lowered and they become part of long-term arrangements, the market's self-stabilization capability now has an institutional foundation.