We study the $P_{cs}(4459)^0$ recently observed by LHCb using the method of QCD sum rules. Our results support its interpretation as the $bar D^* Xi_c$ hadronic molecular state of either $J^P=1/2^-$ or $3/2^-$. Within the hadronic molecular picture, the three LHCb experiments observing $P_c$ and $P_{cs}$ states cite{lhcb,Aaij:2015tga,Aaij:2019vzc} can be well understood as a whole. This strongly supports the existence of hadronic molecules, whose studies can significantly improve our understanding on the construction of the subatomic world. To verify this picture, we propose to further investigate the $P_{cs}(4459)^0$ to examine whether it can be separated into two states, and to search for the $bar D Xi_c$ molecular state of $J^P=1/2^-$.