On June 20, 2025, the three major indices of the A-shares collectively adjusted. By the close, the Shanghai Composite Index fell by 0.07%, the Shenzhen Component Index fell by 0.47%, the ChiNext Index fell by 0.84%, and the BEI 50 Index fell by 1.34%. The total market turnover was 1,091.6 billion yuan, a decrease of 189.2 billion yuan compared to the previous day. On that day, 1,542 stocks rose, 53 stocks hit the daily limit, 3,647 stocks fell, and 19 stocks hit the daily limit.

Due to the previous closure of the US stock market, the A-shares had little fluctuation and a clear range of oscillation. With the US stock market opening normally today, the deadlock may be broken.

From the point of view of the support level, the lower support refers to the vicinity of 102500, and the floating 200 points can be considered to buy; The 15-minute level support is near 103600, and the white market can pay attention to here, if the night market cannot hold on, the market will continue to fall. The upper short-term pressure is around 105500 - 105800, you can consider shorting, if you do not stand in this range, the index will still fall, and it is expected that there will be a thousand points of fluctuation space.