Copper broke through its historic peak of 6.00, establishing a sCopper FuturesCOMEX_DL:HG1!Hung-JK1. Headline & Executive Summary Copper breaks through historical peak of 6.00, establishing a super bullish cycle towards 7.50. The market officially entered the accelerated Markup phase on the Monthly frame after decisively conquering the long-term psychological resistance area. The steep growth trend is backed by explosive institutional cash flows; trading tendency to prioritize holding Buy (Long) positions and only increase the proportion at regressions to support 5.50. 2. Review previous session recommendations Since this is the first long-term strategy analysis report on the Monthly framework for Copper, we focus on the historical structural breakout (BOS) confirmation. The price surpassing the 5.50 mark with record liquidity triggered the "Super Cycle" scenario, turning all previous Short positions into extremely high risks. Currently, the market shows no signs of reversal, Buy positions from the 4.50 - 5.00 base are achieving optimal profits and should be held tightly. 3. Overview of trends & price structure Dong is operating in the strongest price push (Markup) phase in history on the Monthly chart. The chart's logic shows that the price completed a cycle of accumulation and correction lasting more than a decade (from 2011 to 2024) before breaking out of the large accumulation triangle pattern. The current market structure records absolute consensus across time frames, where each new high is set with increasing momentum. Breaking the resistance axis at 5.50 has opened up a free growth space (Blue Sky), shifting the state from accumulation to the exponential price push phase, heading directly towards the Fibonacci expansion targets at the 7.50 zone without encountering any significant technical barriers from the past. 4. Technical prices Resistance: 6.50 – 7.00 – 7.50 Support: 5.50 – 5.00 5. Price Action & Volume Analysis Price Behavior, Volume & Open Interest: The current month candle is an extremely strong Bullish Marubozu candle with the price closing close to the highest level, showing the absolute dominance of the Buyers. Data correlation: Price increased + Volume exploded (723.27K) → New cash flow into Long, uptrend confirmed and sustainable. Trading volume reached its highest level in many years right at the peak breakout point, confirming that this is the entry of large strategic cash flows (Smart Money), completely eliminating the possibility of a virtual increase or price trap. Market sentiment & Cash flow: Hedge funds (Non-Commercial) are in a state of extreme excitement and are continuously promoting disbursement when technical bottlenecks are removed. Market sentiment shifted to expectations of a long-term supply shortage. Commercial traders are having to fiercely execute defensive buy orders (Long Hedge) to ensure input capital prices, creating a wave of forced demand that pushes prices to skyrocket. Price Structure & Waves: Advanced peak–trough sequence confirms price is in impulse wave 3 or wave 5 of a bullish super cycle according to the arrow diagram on the chart. Price Action confirmed that the breakout has escaped the disputed area that has lasted for the past 2 years. The current price position is completely above the Monthly moving average bands, confirming that the Markup phase is dominating the game. This bullish structure is only threatened if the price turns down sharply and closes decisively below the 5.00 mark on the monthly frame. 6. Next session's trading scenario Action: Continue to hold long-term Buy position (Long), move stop loss to 5.40. Target: 7.50. Stop loss: 5.40. Basis: Continuing Markup momentum accelerating from explosive institutional cash flow. Scenario 2 (30%): Price appears to have a technical correction (throwback) to retest support at 5.50 before continuing to increase. Action: Wait to Buy more (Add Long) at price range 5.55. Target: 7.00. Stop loss: 4.90. Base: Retest historical structural breakpoint to solidify new support base. 7. Recommendations by audience Manufacturer/exporter (Seller): Absolutely stand aside, do not sell price insurance (Short Hedge) when the market is in historic steep rise. Patiently wait for the price to reach the target area of 7.50 and a peak distribution signal appears on the Weekly frame before considering establishing a defensive position. Trade/import (Buyer): Aggressively lock in purchase costs (Long Hedge) right at the current price range or slight vibrations. With the ATH (All-time High) breakout structure, the risk of price increases without a stop is very high, it is necessary to protect the cost of production for the next 6-12 months.