The pancake strategy validated yesterday's long positions accurately, achieving a profit of 1600 points in the evening.

Currently, a death cross is forming on the 1-hour chart, but the support at 103.5k is effective.

Short-term short positions may be subject to whipsaws, so it is recommended to buy on dips.

In terms of operations, you can gradually open long positions in the 103.6-104k range, with a short-term target of 106k and a long-term target of 108k.