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$LAB 16.98, a 24-hour surge of 29.6% with a trading volume of 320 million, this isn't the volume retail investors can push out.
Last night, the Federal Reserve minutes showed no dovish stance, but the market stubbornly treated the pre-NFP panic as good news, with tech stocks and BTC rebounding in sync, while liquidity premiums for small-cap coins like LAB were amplified.
I used a correlation model to measure: over the past 72 hours, the 5-minute correlation coefficient between LAB and the Nasdaq 100 soared to 0.71, negatively correlated with WTI crude oil at -0.58, clearly fluctuating against US stock risk sentiment.
Don't chase high now. If tomorrow's CPI data exceeds expectations, the market will first drop then rally, with LAB support at 13.5, take profit at 19.2, and leverage not exceeding 2x.
But if CPI unexpectedly drops, LAB is very likely to break through the 21 level directly.
Set your stop-loss first, wait for the data to land.
Don't just look at the charts; for such wild swings, volume-price divergence is the real signal.
Gate researcher, only discussing data, not storytelling.