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【Analysis: Gold and silver prices have significantly retreated, liquidity is low, beware of continued volatility】 Gold and silver have pulled back; should funds enter the cryptocurrency market?
According to Jin10, with silver's strong performance last week, it has undoubtedly become the focus of attention. Rumors of short squeezes and margin calls triggered the last wave of price increases last Friday, but now the market atmosphere is dissipating. Silver prices have dropped more than $7 in a single day, marking the largest nominal drop ever recorded. Precious metals are currently a sentiment-driven market, and gold has also been hit by profit-taking today, falling about 4% intraday. Analysts point out that the current trading environment is quite challenging. Overall market liquidity is generally low, which often leads to unusually large price fluctuations; hedge funds are reluctant to intervene against the trend to hedge excessive market conditions, and market makers are also limiting their participation.
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Bitcoin is moving in a tight range as the market remains cautious. Buyers are showing support at lower levels, while sellers are active near resistance. This consolidation phase suggests the market is preparing for its next major move. Overall trend stays strong as BTC continues to dominate the crypto space.