According to CoinMeta, Li Haoyang, the chief strategy analyst at China Merchants Securities, stated that recent counter-cyclical measures to stabilize the market have been introduced one after another. These measures work in coordination from four aspects: blocking cross-market liquidity risks, incentivizing industrial capital, allowing index funds to enter the market, and supporting trading systems. The implementation of these policies is timely, and the tools used are clearly defined. This approach gradually breaks the previous negative feedback loop, continuously repairs investors' risk appetite, and builds a multi-level, interconnected stability framework for the stable operation of the market. Overall, these supporting mechanisms have connected the entire chain of liquidity supply, fund utilization, and asset absorption, organically combining short-term liquidity support with the construction of the capital market's foundational systems. This shift from single-point efforts to closed-loop coordination continues to reinforce the effectiveness of the policies, creating a stable market environment for the A-share market to return to a reasonable valuation range.