MERL is going to suffer a heavy month, and December is simply an "unlock month".

You see the density: No. 12, No. 15, No. 16, No. 19, four waves of unlocking and smashing, a total of almost 70 million circulation disks directly expanded. When this supply peak comes, can the market pressure be small? The holder of the coin has to beat the drum in his heart.

What's even worse is the rhythm - it is released continuously for several days, which does not give a respite at all. Whoever wants to pull the market in this time window has to weigh whether the new chips are enough to smash. The supply side is so fierce, is it going to rebound? I really have to ask these 70 million pieces first.

From the perspective of supply structure, there are several key points to keep an eye on.