The momentum of the midnight pancake has shown signs of fatigue, failing to successfully reach the expected 100,000 mark, but still achieving a gain of over 1,000 points, peaking around 98,950. Subsequently, it encountered resistance at the 99,000 level, and the price turned to decline, currently hovering and fluctuating around 98,000.

From the current market situation, the price is in a phase of adjustment and recovery after the bullish stretch, and the upward trend of the midnight has not been able to continue. The hourly chart indicates that the bullish volume process has already ended, and the price has shown a slight pullback, with the first area to watch for support being the 97,400 line. The daily chart has consecutively closed four bullish candles and has broken through the middle track resistance, indicating a very strong trend, with the overall situation still within the bullish trend range. Given the relatively low market trading sentiment over the weekend and the lack of sufficient volume support, it is difficult to form a unilateral price trend. In terms of strategy, we first anticipate a pullback trend, and then plan to enter long positions at lower levels.

Pancake: It is recommended to go long in the 97,600 - 97,200 range, targeting above 985-989-992.

Auntie: It is recommended to go long in the 3,540 - 3,560 range, targeting 3,660.