2026-01-16 17:35:16

Copper and precious metals hitting a key technical juncture right now. Could we be looking at a three-decade channel break to the upside? That's the bullish case. But here's the flip side—mega-cap tech names like Amazon dumping money at the top of these moves. Classic distribution pattern or just another dip-buy opportunity? Chart's got layers of interest here. The setup screams either breakout or reversion. Either way, this is shaping up as one of those 'watching closely' situations for traders.

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PumpStrategist

· 18h ago

Thirty-year channel breakdown? The chip distribution shows that this wave of institutions is dumping at high levels, a classic retail chasing rally signal [laugh] --- Interesting levels, but Amazon's recent moves clearly involve risk release. Optimists should be cautious of overly heated sentiment. --- The pattern has formed, but whether trading volume can keep up is the key. It's still too early to say it's a breakdown. --- Another "under observation" market, in plain words, means no idea whether it will go up or down. --- Multiple layers in the chart ≠ more opportunities. What I see is highly concentrated chips, which is what really matters.

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TeaTimeTrader

· 18h ago

Large funds are dumping at the top; I've seen this routine too many times. --- Thirty-year channel breakdown? Let's see what Amazon has to say first. --- It's that same distributed shipping scheme again, still a trap? This move is really interesting. --- Copper and precious metals are stuck at this level; let's see what the chart says about the next move. --- No, positions in this semi-dead zone are the hardest to trade; I'll wait and see. --- Some are running at the top, others are accumulating at the bottom—classic two-way trading. --- I'm watching, but this time I'm not in a hurry. I'll wait for signals before taking action.

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GateUser-7b078580

· 18h ago

Data shows that the recent trend in copper prices is indeed interesting, but the dumping actions on Amazon... let's wait and see. Historical lows often occur during the most disappointing moments.

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ForkThisDAO

· 18h ago

This round of copper and precious metals does look a bit interesting, but Amazon's sell-off really can't be sustained anymore. It just feels like big funds are fleeing.

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