The pancake market is progressing as expected, and the short positions set up yesterday have already secured stable profits. From a technical perspective, the daily trend aligns with predictions, closing in the red again, forming a clear bearish structure. Based on this, for subsequent operations, Mingyuan still suggests focusing on shorting during rebounds.

Establish short positions in the 119700-120500 range, with short-term targets successively at 117800, 116200, and 115000!