Short-term market bullishness has peaked, and copper prices may maintain range-bound fluctuations.

Jin10 data September 19 news, industry insiders say that the Fed has initiated its first interest rate cut of the year in the latest monetary policy meeting, in line with market expectations. The short-term market is in a state of having fully priced in the bullish sentiment, and copper prices may remain in a range-bound fluctuation. However, there is still support for copper prices from the current macro and industrial levels. In the long term, copper prices are greatly influenced by mining factors and still have upward potential, but attention should be paid to changes in supply and demand patterns and the impact of the global economic situation on copper demand.