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IV. ConclusionSecond, the analysis of the reasons for high opening and low walking

Market sentiment: Although there is a phenomenon of high opening and low going today, market sentiment is expected to gradually pick up, and investors' confidence in the market outlook will gradually increase.Sector differentiation: Although about 2,900 stocks in the whole market rose, the performance differentiation of the sectors was obvious, with humanoid robots and other sectors leading the gains, while cultivating diamonds and other sectors leading the declines. This differentiation led to the lack of unified upward momentum in the market.Technical analysis: From a technical point of view, the monthly K-lines of the three major indexes all closed up, and the trading volume of the two cities remained above 1.3 trillion, showing that the market has certain resilience.

Policy support: Considering the positive tone of the Political Bureau of the Communist Party of China (CPC) Central Committee Conference on economic work in 2025, it is expected that the policy support will continue to provide support for the market. In particular, the emphasis on the integration of scientific and technological innovation and industrial innovation may have a positive impact on the scientific and technological sector.Second, the analysis of the reasons for high opening and low walkingRapid release of market sentiment: After the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting released a positive signal, the market's expectations for policies have been fully reflected in the high opening of the market. With the rapid release of positive sentiment after the opening, the market lacked further impetus, which led to the decline of the index.