Currently, the large pancake is hovering around 97, indicating that there is a certain divergence in the market at this position. If today's price still cannot break through the resistance near 97, the market may continue to consolidate sideways, and there may even be a decline. On the contrary, if the price can successfully break through 97 and stabilize, then the level of 98500 above will become the next focus of attention. However, it is important to note that even if the price breaks through 98500, further confirmation is needed to see if it can continue to rise; otherwise, it may face the risk of a correction.
On the downside, if the price breaks below 97 and continues to decline, then the support levels of 94800, 93500, and 92000 below will become important observation points. If the price shows signs of stabilizing near these support levels, it may trigger a rebound.