$COPPER is currently trading around $5.45–5.5, down about 1% today and nearly 9% this month.
COPPERUSDT
Perp
5.457
-0.16%
Market’s clearly feeling China demand pressure and global growth concerns. Support looks near $5.35.
Long term, I’m still bullish because the whole EV and data center story is strong but short term correction is obvious.
How are you guys reading this one?