From a technical perspective, the pancake has broken below the middle track on the daily chart, revealing a bearish dominance with three consecutive bearish candles. On the four-hour chart, there were initially five consecutive bearish candles, followed by a brief rebound and then another three consecutive bearish candles. The bears are gaining momentum but showing signs of fatigue, and it is highly likely to drop to last week's low around 100300. The 'Red Three Soldiers' pattern suggests a high probability of short-term upward fluctuations, but there is strong resistance above. It is recommended to look for high short positions after a rebound.
In the afternoon, the trading strategy is to short directly between 104500-105000, with a target of 103500.
