8.14 Early Morning Analysis
Reviewing the evening, the large pancake touched the line of 122200 after a strong surge, followed by a brief pullback and adjustment, resulting in a slowdown in the rhythm after the surge.
From the hourly Bollinger Bands, it currently shows a clear opening expansion pattern: the middle band and the upper band maintain a steep upward slope, forming a support framework for a strong upward channel; while the lower band is also extending downward, with the distance between the bands continuing to widen, reflecting that the short-term volatility is increasing.
Meanwhile, market momentum continuously drives the upper band to diverge upward, indicating that the bullish force still dominates the current trend. Although there was a pullback after the surge, the upward structure on the technical side has not shown any substantial damage.
Therefore,
The large pancake can fluctuate around the range of 120800-120000
The target can be seen around the range of 122000-123200
The second pancake can fluctuate around the range of 4640-4600
The target can be seen around the range of 4750-4880
