The morning pancake is like a roller coaster, with a step-like decline followed by a rapid rise. In the current contest between bulls and bears, the bears seem to have an advantage, but the overall trend still favors the bulls.

After the pancake peaked at 98700, every decline has seen a rebound, but the overall trend is a downward rhythm, with the bulls always in control. Therefore, the current rebound is temporary; once consolidation is complete, we continue to favor the bulls' strength.

Once the rebound reaches the 96900-96500 area, it can be shorted, with a target of 95800-95000 and a stop loss at 97400.