Yesterday, the pancake was brought to 92500 as scheduled, with a long lower shadow on the daily line at 95000. The morning spike dipped to 93500 and started to rebound. Since the big pancake broke 100000, the main players have been heavily defending, quickly reversing near 92000 each time. In the morning, the spike hit caused losses for high-leverage bulls. During the day, the big pancake is currently at around 94200, with light positions on the long side, defending at 93200, and looking up at 95200/96600.