The daily closing of the pancake was at 1125, but after the close, it immediately went down all the way, even falling below the 110,000 mark, currently reaching a low of 1193. It is difficult to stabilize at 1120 in the short term, so the priority is to consider shorting. Whatever structure appears in the market, take that direction, there is no need to guess the top and bottom.

A few days ago, after dipping to 1085, it pulled back to 1134, and today it has hit back to its original form, and it needs to go down to test for support again. As mentioned earlier, if it goes down again, it will be in the 105-107 range, especially 105. If it cannot hold that, then this wave will be very significant.

It may need to test the 92-93 area, but don’t panic; coming down is your opportunity to enter. This was mentioned in the live broadcast: the big drops in the months of August, September, and October are opportunities. This could be your last chance to break even or recover your capital this year.

From a daily chart perspective, a big bearish candle means to prioritize shorting, but if it quickly dips to 107 today, you might try to go long at that point. The position to gamble on must be gambled on; there’s not much to say about it.

On the hourly chart, the intersection point of the downward trend line and the upward trend line is between 1108-1113. If it pulls back here tonight, prioritizing shorting would be a good idea. Today is extremely weak, with no significant pullbacks, so don't wait for too high a position to short; you may not get the chance, and if it gets there, it may not come down. Pay attention to the changes in market rhythm.