The four-hour chart of the pancake shows a reversal trend, with the price multiple times surging to the upper Bollinger Band before being pressured back down. The high position of the Bollinger Band is closing and pulling the moving averages down, indicating a strong short-term pullback. The hourly chart also shows a rise and fall, breaking through the upper band but failing to maintain momentum, leaving a long upper shadow. There is obvious resistance above and a decrease in momentum.
In the evening, it is recommended to short in the weak structure within the range of 119000-119500, aiming for a target around 117000.