TechFlow, Dec 29 — According to Jinshi Data, last week silver's strong rally undoubtedly made it the market's focal point. Rumors of short squeezes and margin calls triggered the final surge on Friday, but market sentiment is now fading. Silver prices dropped over $7 intraday, marking the largest nominal single-day decline in history. The precious metals market is currently highly sentiment-driven. Gold also suffered profit-taking today, falling around 4% intraday. Analysts point out that the current trading environment is particularly tricky. Overall market liquidity remains generally low, often leading to abnormally amplified price swings—hedge funds are reluctant to step in against the trend to hedge excessive moves, while market makers are also restricting their participation.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
