The big pancake is currently fluctuating and repairing around 118000!
From the hourly level, after a round of downward movement, there has been a slight rebound. All indicators and moving averages have shown upward trends.
From the candlestick pattern, the small bullish candle at a low position is gradually recovering lost ground, indicating that the short-term momentum is starting to gain strength, and there is an expectation for further upward repair.
It is recommended to look for a pullback to around 117500, aiming for 118500; if it breaks, look above 120000!