The trend of the pancake in the next month will continue to fluctuate in the range of 11.6-12.2. If it does not break, there will gradually be a narrowing breakthrough (red scenario). If it breaks down, we expect a bat pattern at 10.7 (green scenario). In the second half of the year, it is highly likely to continue on the interest rate cut scenario, with the main direction being to buy on dips.
