Some small suggestions for the current market situation.

Regarding storage stocks, such as Micron, SanDisk, GigaDevice, etc. My thought is: if you hold positions, you can reduce a small portion, but it's not recommended to clear them entirely. The fundamentals haven't changed, the supply-demand gap still exists, it's just that the short-term rise has been significant. Taking some profits off the table will make your mindset much more stable. As for how much to reduce, it varies from person to person, whatever feels comfortable.

Regarding CPO (Optical Communication), such as Zhongji Innolight, Xinyisheng, etc. Some wrongly-sold targets have recently started to stabilize. You can use the small change from the reduction to gradually observe and add positions. Once market sentiment recovers, the elasticity is often good.

Regarding large models, Zhipu has been oscillating at high levels recently, but the medium-term logic remains unchanged. I personally prefer to wait for a sharp drop before considering it, rather than chasing highs. You can add positions now, but instead of constantly watching the screen, it's better to set a psychological price limit and wait for it to be reached.

In extreme situations, you can look at defensive allocations. If you want a more stable direction, assets like China Yangtze Power are worth a second look at this stage—low volatility, stable dividends, at least they can make your account less anxious.

Finally, the most practical thing to say:

Waiting is always essential in investing. Having some cash on hand and being able to sleep at night is more important than anything else. Don't buy just for the sake of buying, and don't sell just for the sake of selling. At this stage, less action and more rest might be the best action.

Eat well, sleep well, good health leads to good judgment. The market is always there, opportunities are always there.

$Sandisk(SNDK.US)$Micron Tech(MU.US)$KNOWLEDGE ATLAS(02513.HK)