Recently, the fundamentals of nickel have weakened. The market is worried that the opening of the import window will weaken the support of low inventories for nickel prices, superimposing the risk of accumulation of downstream stainless steel, and nickel prices will face adjustment pressure in the short term. However, the fundamentals of the nickel market are still solid. Driven by the structural shortage of supply and the demand for new batteries, the bullish pattern of nickel prices remains unchanged. Therefore,