The weekend pancake area is in a sideways consolidation after experiencing a previous decline and entering an adjustment phase.

From the weekly K-line, a doji appears, indicating a possible trend reversal. The three KDJ lines are all at a low level and moving downward, showing weakness and strong selling pressure. There may be a short-term rebound, but the strength is limited.

Meanwhile, both RSI and MACD are weak and below the zero axis, forming a death cross signal, with green bars increasing, indicating a clear bearish characteristic in the market.

Short positions at 106000–106500, with support at 103700 below!