The large pancake has fallen below the previous low of 76660. Below, there is a vacuum zone, and there are no dense areas in the medium to short term, causing many people to see 6s and 5s. Currently, aside from institutional chips being priced relatively low, both whales and retail investors are in a state of loss. Long-term chips do not constitute selling pressure, while short-term trapped positions are above 81000. Additionally, the bullish liquidity has been completely cleared, and continuing to crash the market is just cutting losses.

At the current position, it is more about seeking opportunities rather than excessive panic; such opportunities are not common. The last time there was this kind of vacuum zone feeling was in September 2023, and in the following three months, the large pancake doubled to 50,000.