After waking up, the big pancake hit a high point near 106500, and has started to retrace, dropping almost 1000 points. The shorts are feeling the pressure.

Currently, the big pancake looks like it still needs to retrace a bit more; a small-scale retracement to around 105000 should see a rebound. If it gets there, we can look for a rebound in the morning, grinding up to the range of 105800-106000. If it can't break through, it will continue to retrace. By the afternoon low, there is a chance to see the range of 104500-104000. If it follows the trend I mentioned, everyone should be able to spot opportunities. Both low buys and high shorts can be profitable, but the operations in between are very important. If you make money on low buys, you should take profits. The same goes for making money on high shorts; you should also take profits. Wishing everyone a successful trading! 🥩