From the current market performance, the price of the pancake fell to a low of 106900 yesterday, triggering a rebound. Currently, it is maintaining a fluctuating and slow trend near the high of 107500.

This trend fully demonstrates that there is strong support at 106500.

In-depth technical analysis shows that although the KDJ indicator is showing signs of upward movement, the current trend has not yet fully formed a strong counterattack pattern. Based on this, in the subsequent layout strategy, we can continue to focus on the low positions!

Around 106500-107000, look for an upward target of 109000-120000.