12.1

Second pancake: dominated by the high altitude, the continuous increase in volume turns the second pancake into a trap, easily mistaken for strong bullishness. In the morning, it fell 150 points in one hour, which is significant. The key point is whether the big pancake can make a new low; there is no need to focus on the new low of the second pancake. If the big pancake makes a new low, the second pancake will also drop. It’s just that the timing may be delayed, making it more deceptive. Jumping in early to catch the bottom can easily lead to being misled.
Support: 2793, Resistance 2965, 2990