Currently, most people lack the funds to buy at the bottom, and their mental state is essentially collapsed. They're either blaming themselves or finding fault with everyone else. Conventionally, this is probably the bottom range, but anyone who dares to say that now, especially if the market doesn't subsequently rise, will be heavily criticized. I don't think the current position looks like it will immediately see a V-shaped reversal; it might need more consolidation, unless Old Huang (a prominent investor) really returns and the entire market collectively experiences a surge.