LAB Morning View

LAB's early surge in market enthusiasm quickly faded, with high-level funds continuously exiting, and the market experiencing extremely volatile fluctuations. The overall upward structure has been completely broken.
On-chain chips are highly concentrated, and the previous rapid rise was driven by short-term emotional speculation, with no long-term support; a large amount of circulating chips are awaiting unlocking, and long-term pressure is immense.

Multiple cycle moving averages are fully suppressing, and the rebound strength is extremely weak. Every upward fluctuation is just a correction and consolidation at high levels, not a trend reversal. The market lacks momentum, selling pressure continues to be released, and there is ample room for subsequent downward adjustments, making sharp declines and sudden drops highly likely.

In the short term, do not blindly follow low positions; rebounds from high levels are opportunities to exit. Follow the downward trend, strictly control positions, and avoid extreme volatility risks.

Trading Suggestions
Buy in batches at 4.4300-4.4500

Target
4.3000-4.2180#Gate广场五月交易分享 #CLARITY法案推进受阻