1.30 Market Shock! Gold, silver, and Bitcoin all plummet as traditional safe havens and digital assets face a selling wave. London gold has dropped over 7% to fall below $5100, silver has plunged 13%, Bitcoin has fallen below $85000, with over 220,000 people liquidated in 24 hours, and 7 billion in funds evaporated.
The recent sharp decline in gold and silver is due to profit-taking at high levels, but supported by long-term central bank gold purchases and industrial demand, there is still upside potential; Bitcoin, on the other hand, has exposed its high-risk attributes, with funds continuously flowing into precious metals, and the consensus on "digital gold" is being tested.
Currently, market risk aversion is at an all-time high, with tightening liquidity leading to increased short-term volatility in gold and silver. The $80000 level for Bitcoin has become a key support, and the divergent movements of the three highlight the essential differences in asset attributes; investors need to be wary of leverage risks!
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