The large pancake (大饼) has maintained a continuous upward momentum recently, with the highest increase reaching the 106200 level in the evening. There have been multiple attempts to break through the key level of 107000, all of which have been unsuccessful, highlighting significant resistance at this price level. From a technical perspective and market trend, bulls lack sufficient upward momentum when approaching this price level, making effective breakthroughs quite challenging.

The 107000 level, as an important psychological barrier and technical resistance level, has repeatedly faced pressure and struggled to break through, indicating insufficient bullish momentum, and the current upward trend may be difficult to sustain.