After the continuous rise in copper prices, there is some pressure for the return of capital gains. Although policies and data are mixed, the epidemic-dominated influence still suppresses the market, and it is still unknown when the global turning point will occur. The impact of the epidemic on demand and the pressure on the supply of copper raw materials continue. It is expected that copper prices will be mainly adjusted in a narrow range and some profit-making operations in the short term after they break the barrier, waiting for greater policy support.