After the second test of the pancake, it failed to continue declining, and the 60k level found support and started to rebound. Currently, this rebound is just a correction and has not yet reached a true reversal point. The current resistance is around 64,000-66,000. Near this rebound area, it is still possible to gradually open short positions. It is expected that today will see a wave of rebound first, followed by a decline!

In the short term, look for a slight long position around 63,300-62,900 targeting 64,200-64,500. It’s not easy to hold a large position here, as it’s a high-level buy-in area. The key is to short during the rebound!

Short around 64-64,500, add to shorts above 65 during the rebound, and watch for a break below 59,000, with a continuation towards 55,500.