In theory, this is probably PDD's recent high.

$PDD Holdings (PDD.US)$ From a technical perspective, the upward momentum is very weak. Despite the strong performance of the market, it has not been able to pull up. The intraday pattern has transitioned from strong to weak, and instead of continuing to rise with the market, it has continued to decline. This almost indicates a future downward trend in the next few days. NASDAQ has been rising for multiple days, and a short-term correction may occur in the future. With these factors combined, PDD is likely to perform poorly in the next few days, and a retest of the previous low cannot be ruled out.