#PI market Fluctuation is normal, not abnormal. It is an inevitable process for the market to absorb and reflect new information.

· Short-term Fluctuation is mainly dominated by emotions, news, and technical trading, often filled with "noise."
· Long-term trends are more driven by macroeconomic factors and the fundamentals of corporate earnings.

For investors, understanding the reasons for Fluctuation helps to:

1. Stay rational and avoid being influenced by short-term market sentiment.
2. Make proper asset allocation and risk management, as fluctuations are unpredictable but can be managed.
3. Recognizing that Fluctuation also means opportunity, the price deviation from its intrinsic value is precisely the timing for long-term investors to buy or sell.