The large pancake dropped after hitting the pressure level of 110k last night.

If any brothers entered a short position at this level, they would have made nearly 3000 points by now.

Currently, the 4-hour market is in a pullback, and the support levels for the downward retracement can be referenced around 106.8k to 105.2k.

If you want to take a long position on a rebound, pay attention to these two levels.

If it breaks below 105.2k, exit manually.

The upper target pressure level is in the range of 108.3k to 109k.

You must wait for the 1-hour level to close with a solid entity above 108.3k for this pullback to be considered over, and then the market will continue to surge upward.

Before the 1-hour level closes firmly above 108.3k, the rebound strength will not be significant, so do not easily open long positions.