The large pancake surged to the 1065 line yesterday afternoon but failed to stabilize, followed by high-level consolidation. During the night, it rapidly fell to the 1022 level. Our short position has also gained several thousand points, and it is currently fluctuating around 1036. Overall, the bears remain dominant, and market sentiment has yet to recover. There is further downside risk in the short term, and the strategy for short-term operations remains unchanged with a short position.

Short at around 103800 for the large pancake, targeting down to the 101500 line.

Short at around 2450 for Ethereum, targeting down to the 2350 line.