Macro side, last Friday, Israel launched a fierce airstrike on Iranian territory, targeting Iran's nuclear facilities and missile factories, resulting in the deaths of numerous military commanders and nuclear scientists. The escalating geopolitical tensions in the Middle East prompted the market to rush into safe-haven assets, pushing the US dollar index higher and weighing on copper prices. Fundamentals side, supply side, the widening price spread between futures contracts last Friday encouraged suppliers to actively sell their stocks, but the availability of standard-quality copper in Shanghai and Changzhou remained tight. Demand side, downstream buyers actively purchased and stockpiled copper last Friday, but the recent fluctuations in copper prices have led to a cautious sentiment among them, and they remain hesitant to make purchases. Looking ahead to this week, the market will focus on the US Fed's decision. It is widely expected that the US Fed will keep interest rates unchanged, and copper prices are expected to find support at the bottom today.