Capitals migrate to crypto after exhaustion of the precious metals rally
According to information released by Odaily, analyses shared by Garrett Jin, a representative of the group known as 1011 Insider Whale, indicate that gold and silver may have already reached their short-term peaks.
After the opening of the United States market, a capital relocation movement was observed, with resources beginning to flow into the cryptocurrency market.
Even in the face of an initial sell-off in traditional exchanges, crypto assets maintained their upward trajectory.
If this inflow continues, the movement could gain even more strength, accelerating the appreciation momentum and increasing the chances of a short squeeze, possibly without a significant correction in the short term.
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