5.8 Thursday Morning Thought Analysis
After staying up all night, the large pancake tested downward twice. Although it broke the resistance level of 96000, it couldn't continue to break down. The support below seems to be quite strong, and the rebound was also quick, now directly hovering around the 97200 point level.
In the short term, it seems a bit difficult to break down further. Although there have been several downward tests, the rebound has been quite strong. It shot up directly.
The short position of the large pancake is still being held, and it seems that the entry point is still quite good.
The morning thought is still to look for a pullback and continue to follow a bearish rhythm.
Morning operation suggestion
Short the large pancake between 97500 and 98000, aiming for 95500. If it doesn't break, switch to long.