This week, the market digests the previous overheating of the market + the crowding in small and medium technology + Trump's hawkish expectations, leading to a phased adjustment in the market and a decrease in transaction volume. However, from a medium-term perspective, prosperity data is gradually validating + specific policies are being implemented consecutively, providing effective support for the long-term fundamentals. The market is expected to gradually shift from an emotional market to a recovery market and continue to advance. The subsequent rhythm may move from small cap leading the way under a recovery in risk appetite (September-October) to large cap blue chips setting the stage under confirmed policy + fundamental recovery (November-December), and then to further confirmation of economic and stock market upward trends with high elasticity in small cap growth (next year). In terms of allocation, technology and finance are the primary offensive choices, with a focus on excess opportunities in large cap blue chips by the end of the year.