November 20th Pancake Aunt Morning Thoughts
The midnight pancake quickly stabilized and rebounded after receiving support at the 88600 line, forming a clean and sharp反V structure. At first glance, it has a bit of the flavor of 'stopping the decline and warming up', but from a larger trend perspective, the market is still operating in a bearish range, with key resistance still pressing down from above. This rebound feels more like a technical repair rather than a true trend reversal.
Before the trend is effectively reversed, morning operations still suggest focusing on a high short strategy, which is more stable and has more controllable risks.
Personal Suggestions
Pancake: Enter at 93000-93800, target looking down at the 90k mark, if it breaks, look at 88000, long term look at 83000!
Aunt: Enter at 3130-3150, target looking down at 3050, if it breaks, look at 2800, long term look at 2640!
