The midnight pancake surged, allowing us to secure profits after a successful rebound. The market has once again retested the support below, recovering at the line of 102500. This back-and-forth movement provides ample trading opportunities. From the hourly perspective, the ongoing bearish momentum was successfully broken in the early session, and the market has stabilized, recovering at the middle band of the Bollinger Bands, facing certain resistance. The bearish momentum is dwindling, and there are expectations for further recovery. From the four-hour perspective, the market maintains a choppy rhythm with shrinking volatility, making it difficult for the market to establish a one-way trend. Coupled with generally poor trading sentiment over the weekend, it is advisable to focus on short-term trading, continuing to buy at low levels.
Pancake: Buy near 103000, targeting 105000.
Auntie: Buy near 2480, targeting 2600.