Large pancake 4 hours first peak broken in a short time currently forming peak structure again 110,000 large pancake short positions downward expectation 107,000-105,500-104,500

However, in the 105,500--104,500 area, there is very strong resistance, this action is likely to make price declines difficult, and there may even be a rebound behavior to test the top again at this position. Of course, if a decline occurs, it is basically believed that this area only has support actions, with no possibility of sustained support, and the expected target for deep price declines is around 99,000---98,000 line.