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The four-hour line of the pancake has always been in a bullish trend, and the long positions laid out a few days ago have been confirmed one by one.
Overall, it presents a step-like steady rise, with a solid foundation for the trend. After breaking new highs, it is always accompanied by healthy pullbacks to digest floating positions, with the retracement remaining controllable and not breaking previous lows. Under the strong upward rhythm of "advance two, retreat one," the characteristics of the bulls are evident.
In the afternoon, the pancake can be around 123000-123400, targeting 125000.
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