Yesterday, the pancake and the concubine both experienced a decline followed by a rise: the pancake rebounded after probing a low of 112301, reaching a peak of 114285 at midnight; the concubine fell to a low of 4106 before recovering, with an intraday high of 4329. Today's bearish outlook has been fully realized, with the direction established during the live broadcast in the early morning leading to continuous execution, ending with a four-trade winning streak in short positions— the evening rebound had no impact, highlighting the importance of exit timing and control #杰克逊霍尔会议