In the afternoon, the big pancake market was initially in a stalemate between long and short positions, with prices oscillating within a narrow range. The market trading atmosphere was cautious, and investors were waiting for new trends. Subsequently, the long positions began to accumulate, pushing prices upward. From the perspective of four-hour technical indicators, the K-line broke through the upper Bollinger Band, indicating that the pancake price has surpassed recent resistance levels and entered a strong zone. The bullish trend is clear, and the bullish force is strong, with a high probability of continuing the upward trend.

The pancake is around 106500, with a target of 108000

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