The VN-Index witnessed a significant decline, with trading volume dipping below the 20-day average, reflecting investors' extremely cautious sentiment. The index is currently retesting the old peak from November 2024 (1,195-1,215 points), which also coincides with the bottom established at the beginning of 2025. If the index sustains these levels, the outlook remains relatively optimistic. Additionally, the MACD indicator is poised to generate a buy signal as the gap with the signal line narrows. Confirmation of this buy signal would alleviate short-term downside risks.