Analysis of Morning Thoughts on October 8

Yesterday morning, the big pie started to rise to around 117600, but the bearish momentum was weak. The hourly chart shows that the big pie broke through the upper Bollinger band and after recovering from a long upper shadow bullish candle, it slightly retraced. Currently, there are signs of a downward trend again, and the morning strategy remains unchanged with a focus on high shorts and low longs.

If it can break through 118000 and stabilize, the upward trend may continue; conversely, there will be signs of a pullback, and the strategy will still focus on high shorts.

Suggestions for Operation

Big Pie: Short at 117500-118000, target 115000-116000

Auntie: Short at 3920-3950, target 3700-3800