The current market momentum of the pancake is slowing down, and it is generally in a phase of震荡调整 (shock adjustment), with a significant adjustment pattern. From the daily chart observation, it is currently maintaining operation near the lower rail area of the Bollinger Bands, the opening of the bands is gradually expanding, and the lower rail continues to extend downwards, with signs of pressure in the market becoming more evident. The bearish forces in the market are gradually accumulating.
It is recommended to short around 88200 and 88700, with an initial target of 85000, and if it breaks, then look at 80000.
