7.21 Yixing Big Pie Midnight Analysis:

If the price breaks through 119000, momentum may push it to 120000 or even higher. Pay attention to trading volume and confirmation signals after the breakout.

If it cannot break through 119000, the price may continue to oscillate within the triangular range of 116400-118800. A drop below 116400 would require caution for further downside risk, and support levels may need to be reassessed.

Long position strategy: Try light positions in the range of 118300-118500, with the target gradually looking towards 120000.

Risk control can closely monitor the trading volume and candlestick patterns at the time of the 118800 breakout to avoid false breakouts. After a drop below 116400, it is recommended to observe or consider short positions.