The morning pancake trend seems to be rising, but in fact, it's just a false impression. The market did not sustain its rise, only showing a slight rebound, and after the price reached the 108900 mark, it fell all the way down, exposing the weakening strength of the bulls and indicating a shift to a bearish trend. This rebound is not strong, and the bullish momentum is insufficient, so there is a high probability of pressure and decline in the future. Today, we still maintain a bearish outlook on the rebound.
In the four-hour structure, the market remains in a large range of fluctuations, without a significant trend breakthrough, and is likely to continue in this state. Due to obvious pressure at high levels and the weak strength of the bullish rebound, both the highs and lows are decreasing, showing a bearish fluctuation pattern. The operation should focus on shorting at high positions, and in the future, we can still maintain a bearish outlook on the rebound. Specific points will be disclosed internally!
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