Deep Tide TechFlow News, on April 6th, according to Jinshi Data, Huatai Securities research report states that the current duration of Middle East conflicts and their impact on global supply and demand have surpassed the scope of "temporary" shocks, causing substantial disruptions in capital flow and supply in some sectors. Even if clarity emerges later, the investment approach after April will differ from the spring turbulence period. The dollar and oil prices are stronger than expected this year, and global liquidity easing is lower than anticipated, leading to a lower-than-expected valuation upside. The market may experience a psychological shift from tracking news statements to a more fundamental focus, paying more attention to material shortages, supply chain risks, and cash flow risks. Therefore, Huatai Securities still believes that a certain level of caution regarding volatility is necessary.