The market once again lost its rationality and fell. After several weak rebounds in the morning, the shorts eventually took the dominant position in the afternoon, causing a rapid decline in the stock index. After two o'clock, the market experienced a surge in volume and a sharp drop, which inevitably triggered panic among investors, making them worry about possible significant negative factors that might suddenly emerge the next day. The Shanghai Stock Index plummeted by 198.63 points today, closing at 3413.91 points. Although trading volume slightly decreased compared to yesterday, the panic sentiment was even stronger.