During the day, after the early pancake surged to the 1175 line, the short-term market began to pull back. Although the downward pressure is limited, the rebound high point is also moving down. The short position given at 1175 in the morning has reached a minimum of 1163, which has realized over a thousand points of space in the short term.

From the 4-hour chart, after a series of large bullish candlesticks broke through the upper track, a stagnation pattern appeared. Multiple upper shadows caused the price to fail to move further upward, resulting in a bearish candlestick pullback. The short-term level is under pressure and currently fluctuating at a high position. It is worth noting that the KDJ lines in the auxiliary chart show obvious signs of turning, while the MACD bullish momentum is gradually weakening, so tonight we should first pay attention to the pullback situation of the market.

Refer to short positions around 1170, with a short-term outlook of 1150-1140. For the swing, 1130, if the short-term target is not broken, consider reversing to long.