The price of the pancake rose sharply at five o'clock and then began to pull back. The market was in a slight fluctuation state throughout the morning, and the price ratio has stabilized at a high level. The upper pressure level shows signs of pullback at the hourly level, while the lower support is around 109,000.

Both the MACD and KDJ indicators have downward signals. We are currently holding the long position at 109,600 that we arranged in the morning. The market is likely to be in a fluctuating state, and we will patiently wait for the market to develop.