Looking at the PHA candlestick chart, the recent market trend has indeed been a bit weak. From the performance of the K-line, it seems that the main force hasn't made any major moves lately, and the support at the 0.375 level below is holding quite firmly — it has retraced three times, and each time it hasn't broken through.

In the short term, to move upward, the first step is to stabilize near the previous high around 0.42. The current resistance is mainly stuck in the previous 4H downtrend central zone, which is actually a good place for repeated T+ (trading back and forth).

Overall, the market is currently in a correction phase. Once the correction is nearly complete, it should continue to push upward. Based on this rhythm, major moves by the main force are probably only coming after the New Year. From the current pattern and fundamentals, the outlook remains relatively bullish.