[10.16 Morning Strategy]

Observing the hourly Bollinger Bands, the three bands currently exhibit a downward diverging pattern, with the price continuously operating between the middle and lower bands, indicating an overall weak structure. It is noteworthy that, despite the pressure on the trend, the price has shown rapid rebounds after multiple tests of the lower band support, without any significant breakdown. This phenomenon suggests that there is strong buying support near the lower band of the Bollinger Bands, and the bearish momentum is significantly suppressed here, indicating a technical rebound demand in the short term.

Pancake operation suggestions:
A callback to the 110380-109850 range can be used to gradually position long orders, with a target near 112750.