The big pancake still hasn't broken the rising wedge range, and it mainly maintains a state of fluctuation. The interest rate cut has already landed, but there are still rate hikes in the near future weighing down, and a lot of off-market liquidity is still on the sidelines.

Qiuzi's viewpoint remains unchanged; an upward trend is certain. However, the rise may be much more tortuous than Qiuzi expected. A one-sided market requires a combination of news and emotional resonance to produce a strong rise. Pay attention to 89500 below and 94500 above.