The pancake fell back yesterday, breaking the oscillation range, and after probing the bottom at 108660, it rebounded to around 112300.

- Daily: Weak consolidation, range compression, if it breaks below the 110000 support or pulls back to 109000, be prepared to respond.

- 4-hour: The rebound encountered resistance at the middle track and has not broken through, bullish momentum is weak, moving averages are flat, short-term weak oscillation continues, and there is still a risk of pullback.

Recommendation around 111700🈳, target around 109700.