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A major player in the LAB uses the method of re-inserting needles at high and low levels, with low levels for gathering positions and exerting pressure on the market, and high levels for clearing contracts and locking in profits, with two-way liquidity collection among small traders.
2. 4.5 is a key support level; recently, there have been multiple attempts to test this level, but it has not been broken. The morning rise is an attempt to test the market, and the overall upward trend is not finished.
3. The upper mark of 5.5 is a short-term resistance level; a breakout above it will lead to movement in the 7-8 range. Large players use this to clear positions of major investors.
4. Those who do not hold positions at low levels can immediately open short positions in the 7-8 range to play for a reversal.