Morning Trend | Nano Labs in Range Fluctuation, Is the Bottom Breakout Market Coming?

Nano Labs (NA.US) has recently been oscillating at low levels for an extended period, and community traders are paying attention: "Is the long-awaited bottom bounce opportunity about to start?" Since its peak at the beginning of the year, this stock has been repeatedly washing out within the range of $1.20 to $1.45, a typical "chicken rib" market. There have been occasional signs of major players sweeping up shares in the intraday market, but these are often short-lived. Recently, with the resurgence of interest in the blockchain and computing power sectors, Nano Labs has also attracted some attention from sector funds, but large funds have not fully taken positions. The community's avant-garde view is: "After a long bottoming process, a sudden statement is highly probable, and once the bottom bounce is formed, there is hope for profits." Market data shows that if there is a volume breakout above $1.50 during the day, bullish momentum will significantly increase, and a rapid rise in short-term major funds is likely to occur. Conversely, a volume-less surge may continue to result in chaotic indecision within the range. In terms of operations, it is recommended to closely monitor the market's limit orders, large intraday orders, and news prediction trends. Only when there are sustained unusual movements accompanied by increased volume should one boldly increase positions; if there is no volume and it remains flat, caution is still necessary. Patience is required to capture the first wave of profits, as breakout windows can easily open suddenly during trading