Deep Tide TechFlow news, December 25, the suspected "1011 insider address" operator and XHash co-founder Garrett Jin stated on social media: "As the prices of precious metals like platinum, palladium, and silver have significantly retreated, Bitcoin and Ethereum have begun to rebound.

The positions in these metals are overly crowded, severely overbought in the short term, raising the risk. This has triggered profit-taking, with funds shifting from overheated trading to relatively undervalued assets."

Previously, the suspected "1011 insider address" operator Garrett Jin stated yesterday: The rise in precious metals is unsustainable, and funds will shift to Bitcoin and Ethereum in the future.