Little Yellow Fish Big Pancake Evening Analysis

On the 4-hour chart, the price upward channel is encountering resistance, with continuous pressure on the middle band of the Bollinger Bands. Bulls have repeatedly attempted to push higher but are suppressed by bears, and the rebound momentum is weakening, showing a clear bearish trend. In terms of indicators, the MACD below the zero line shows increasing red bars, indicating continued bearish momentum; the three lines of the KDJ have formed a death cross and are diverging downward, confirming a short-term downtrend with no signs of stabilization.

Operationally, it is recommended to adhere to a high-short strategy,
suggesting a short position at 88000-88500, with a target around 86500-86000.