Yesterday, the price of the pancake dropped again, reaching a low of 91,500, approaching a key support area.

Recently, the market trend has been weak, and after breaking the 100,000 mark, the pancake may enter a consolidation phase.

From a short-term trend perspective, although the pancake is experiencing a decline, the extent is manageable. We can patiently wait for strong support in the 90,500-90,000 range to seek opportunities for a rebound.

At the same time, there is short-term pressure around 94,000 and the previous rebound peak of 95,000, which is worth close attention.