March 14th Pancake Morning Thoughts
The pancake broke through the bottom support last night, reaching the 79,900 level, but then briefly spiked up without establishing a foothold at this high point.
Currently, the bullish strength has not shown a strong rebound trend. In the larger cycle, the bearish structural advantage is obvious and continues to be strong. Considering multiple factors, the trend for subsequent declines remains quite clear; the current performance is merely a brief rebound in the downward process.
It is recommended to continue selling high, at 82,000 — 82,500
Defend at 83,000
