7.23 Wang Ye Big Pancake idea

Entry: Build positions in batches in the 65,000–65,500 zone
Stop loss: Below 64,500
Targets: 66,300–66,800
After surging to the high in the four-hour chart, volume keeps shrinking, the Bollinger Bands contract, and the market enters a buildup phase. 65,800 is the intraday strength/weakness line: if it holds, price action is more likely to be a bullish range; if it breaks, expect a deeper pullback to confirm support. Before a breakout with strong volume, the previous high is likely to face resistance, and chasing at high levels carries high risk. It’s safer to wait for a pullback and then go long on the dip. Be patient for the levels and follow through strictly.