3.19 Pancake Analysis

Last night, all short positions taken above 81,000 have been closed for profit. It’s better to secure profits at this point and not hold too long. Now we just wait to see the market fluctuations.

Tonight is the interest rate decision, and it’s likely to remain unchanged. If there are hawkish comments, it could trigger the next wave of decline, testing the bottom range of 76,000-72,000. We are currently clearing positions and observing.

The market is now positioned slightly above the midpoint of the oscillation range, with expectations for a rebound above 845,000 in the short term. Friends who want to trade can consider entering a short position after reaching the top, otherwise, I do not recommend entering the market now.

Tonight we will just wait for the news impact. We are currently waiting for the market to choose a direction and will consider entering after the structure has developed. Friends looking to enter can wait for a high short opportunity later.

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