12:12 The daily line level has continuously shown doji patterns, indicating that the current price level is experiencing intense competition between bulls and bears, which is a key signal for the market to choose a direction soon. In the context of a significant rise in silver prices previously, the probability of a pullback following this pattern is relatively high.
When spot silver reached an all-time high, the Relative Strength Index (RSI) did not rise in tandem, forming a typical top divergence pattern, which is a strong signal that the price is about to reverse downward. Additionally, COMEX silver non-commercial net long positions have decreased for two consecutive weeks, indicating a clear exit of short-term speculative funds, further confirming that the upward momentum of silver is weakening and bearish forces are accumulating.
Silver suggestion: Short in the 64-64.5 range, with a stop at 65 and a target around 62-60 near $XRP #ETH走势分析 #加密市场观察


