Evening Analysis on August 25
Main Pancake: Around 111300 - 112300, target near 110600-109800
Secondary Pancake: Around 4600-4680, target near 4500-4400
From the hourly Bollinger Bands observation, the three bands have consistently maintained a synchronized downward rhythm, and there are no signs of narrowing convergence between the three bands; the lower band still shows a downward extension. This technical pattern indicates that the current short-term weak adjustment trend in the market has not been broken, and the market structure dominated by the main pancake remains solid, with the trend inertia still forming a downward pulling force; the short-term rebound may be limited by the upper band resistance.
