8.18 Yttrium Outlook
Bearish momentum is still being released in an orderly manner, and the overall market remains in an adjustment cycle. It is worth noting that the previous price focus has been consistently close to the lower bound, which indicates that the absolute dominance of short positions is beginning to loosen in the short term, and both long and short forces are starting to engage in preliminary battles near the lower bound. Moving forward, it is crucial to focus on whether the price can stabilize at the middle bound to determine if the rebound momentum has the potential to continue.
Suggestion:
Yttrium can be bought around 4150-4280, with a target of 4500.
