Yesterday, after hitting the short-term support, the big pancake oscillated around 93000 during the day, and in the evening it successfully broke through the 96000 level.

Currently, after the overnight surge on the four-hour chart, there has been a slight pullback. However, compared to the previous stages of incremental rises, we are no longer in that kind of oscillating upward pattern. In my view, although there has been a rise, the momentum is relatively weak, which poses a risk of further decline. The resistance above during the day is at 96600 and 97300, while the support below is at 93000 and 92200. The strategy should maintain a high short execution.

Short at 96000, increase short position at 96600, with a stop loss at 97300, and a target of 93000-92000.