--- title: "Still needs some grinding" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39530150.md" description: "$Shanghai Composite Index sh000001$ has seen a broad rebound and recovery for two consecutive days. Regardless of whether everyone's confidence has returned or not, accounts have more or less recovered some losses—it's just a matter of how much! On one hand, the market was indeed severely oversold and had a strong need for recovery; on the other hand, news sentiment is gradually warming up. Although Brother Lang's side has maintained a tough stance, there are indeed signs of negotiations. Good news also came from the shipping industry yesterday. Historically, wars in the Middle East generally don't last too long. As long as it's not a civil war or a proxy war, conflicts between traditional nations mostly last between 1 week and 2 months..." datetime: "2026-03-26T01:30:15.000Z" locales: - [en](https://longbridge.com/en/topics/39530150.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39530150.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39530150.md) author: "[点金胜手](https://longbridge.com/en/profiles/12090136.md)" --- # Still needs some grinding $Shanghai Composite Index sh000001$ has seen two consecutive days of broad rebound and recovery. Regardless of whether confidence has returned, accounts have more or less recovered some losses—it's just a matter of how much! On one hand, the market was indeed severely oversold and had a strong need for recovery. On the other hand, news sentiment is gradually warming up. Although Brother Lang's stance has been tough, there are indeed signs of negotiations. Good news also came from the shipping industry yesterday. Historically, wars in the Middle East don't usually last too long. As long as it's not civil war or a proxy war, conflicts between traditional nations mostly last between 1 week and 2 months. In the next few days, we are likely to see more positive news, which finally gives us some hope. The index has rebounded for two consecutive days, finally standing above the 5-day moving average. The gap above has been partially filled, but at the same time, a new gap has been left below. Both gaps will be filled sooner or later; it's just a matter of which comes first. Market sentiment has also continued to improve, with high-flying stocks reaching 8 consecutive limit-ups. Moreover, the management has been very supportive this time and hasn't imposed trading halts. But a reminder is necessary here: Don't set expectations too high just yet! The recent broad rebound is essentially a corrective recovery from the previous sharp decline. Although volume increased yesterday, it hasn't fully caught up with the market's strength. Therefore, in the next two days, the market is expected to see some divergence and a pullback. It's not easy to break free from the bottom area in one go; it will need more grinding. Sector directions: 1、Power Has been strong for two consecutive days, especially since the leading stock wasn't halted, which directly excited the sector yesterday. However, negative signals have also appeared: the sector saw high volume, and there was clear profit-taking near the close. If the overall leader can have a gentle break today, it might be okay. But if there's a sharp sell-off, followers will immediately see losses. I remain optimistic in the medium to long term, as the surge in electricity consumption is a solid logic, backed by computing power demand later. However, after consecutive surges, we must guard against a strong correction. This point must be noted. 2、Computing Power Has also been recovering these two days, though with moderate strength. However, there have been many news catalysts. At the 2026 High-Level Forum, the Data Bureau clearly stated: Token is not only the value anchor of the intelligent era but also the "settlement unit" connecting technology supply and business demand, providing a quantifiable basis for business model implementation. This is equivalent to an official endorsement for Token! Finally, it's legitimized. Previously active high-beta stocks have opportunities, but timing is crucial; chasing highs is not advisable. 3、Commercial Space There has been constant news about SpaceX these two days, aiming to list in June, potentially becoming the largest IPO in U.S. history. U.S. space-related stocks surged across the board: the SpaceX concept fund DXYZ soared nearly 15%, and several related companies rose over 3%. Coupled with the news over the weekend that Musk plans to import 2.9 billion yuan worth of Chinese photovoltaic equipment, Space-based photovoltaics should be closely watched next. ### Related Stocks - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md)