From the perspective of large pancake technology, after the concentrated release of bullish strength, the profit-taking pressure has increased, and the rebound may be a phase repair, not a trend reversal;

Currently, the market is experiencing severe fluctuations, with a stalemate between bulls and bears. Blindly chasing highs may lead to being trapped at high levels due to adjustments, so it is necessary to remain rational and cautious.

Personal operation suggestion: Layout shorts in the 107400-107800 range, with a short-term target of 106000, and if it breaks below, watch for 102000!