Overnight, the pancake returned to 106000. A bit tough, huh? Short-term focus on the key resistance at 106500-107000.
If it stabilizes, it will return to the previous range of 106500-110000, then the profit-taking shorts will cover their positions again.
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After testing around 2460 for 12 hours overnight, it rebounded continuously, and the daily line closed back above 2600, which is not a good signal for shorts.
It has now evolved into a box range fluctuation. The upward pressure is still at 2730, with short-term pressure at 2650.
