The valuation of the S&P 500 currently has a PE of 25.19 and a historical median of 15.05. We believe that it is still expensive (this was mentioned during our clearance of US stocks). If there is not enough space in the US stock market, how can the national team make money and how can the 401K return? This kind of adjustment requires a long time of bottoming out and sideways consolidation to solidify the foundation. If the amount of funds is small and the risk tolerance is weak, wait for the bottom to form a sideways trend and move to the right. With a large amount of funds and strong risk tolerance, it is possible to invest in the ETF mentioned earlier multiple times in batches. 🧐