5.27 Afternoon Thoughts:

The large pancake continues its oscillating trend in the afternoon, with a strong rebound from early probing, reaching around the 109,000 point before momentum slows down. Overall, it remains in a downtrend, with a short-term bias towards a bearish outlook.

Suggestion: Look for opportunities to go short in the 109,000—109,800 range, targeting around 107,000. If it effectively breaks down, further downside can be anticipated; if it holds the support, consider a short-term reversal to go long, while paying attention to risk control.