12.17 Pancake Trend Analysis：
The technical short-term trend has been fully established, with prices continuously falling, not only breaking through the key support level of the Bollinger middle track at 88200 but also dipping to a low of 85000. Although there was a slight rebound to 87600, it remained under pressure below the Bollinger middle track and moving averages, with the overall Bollinger band opening downward, solidifying the bearish pattern.
From a 4-hour perspective, the bearish selling pressure continues to be released; however, the rebound has not pushed prices effectively above the key resistance level, which is a typical weak rebound market, making it difficult to reverse the overall downward trend.
Suggestion: Focus on short selling during the day. Layout short positions when rebounding to the 88000-88800 range, with supplementary positions at 89300, aiming for a target around 86000, and if this level breaks, continue to look down to 85300.
