$LAB LAB has been grinding through long-term sideways consolidation at the bottom, and many people think the market is sluggish—so they hand in their chips. As the old saying goes, the longer the washout, the more room there is for the subsequent upswing. The main force keeps violently “piercing” with needles, repeatedly flushing out undecided retail traders and snatching the stop-loss orders. At present, chips are continuously piling up, and the floating supply is being steadily cleared. If you can patiently endure through the consolidation cycle and wait for the main force to finish the washout and then kick off the next leg higher, it will be worth it. But remember this: the coin is under tight control by the whales, and there is absolutely no certainty in the market. Don’t go heavy on positions, and don’t add leverage—profits and losses are entirely your responsibility.

LAB-4.73%
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