🚨 UPDATE: SILVER CRASHES BELOW $100/OZ
Silver has plunged back below $100 per ounce, posting a sharp 11% single-day drop after its historic surge into triple digits. $FLOW
📉 What’s driving the selloff:
• Aggressive profit-taking after a parabolic rally
• High leverage unwinding across metals markets
• Volatility spillover from rates, FX, and macro headlines
⚠️ Why this matters: $ENSO
An 11% daily move underscores how crowded the trade had become. Silver is notorious for violent reversals, especially after blow-off tops.
🧠 Big picture: $ADA
Despite the crash, silver remains structurally elevated compared to historical levels. But in the short term, price discovery is back in control — and volatility is far from over.
👀 Buckle up.
#silver #kriptohaber24 #dogwifhat #crypto #marketupdate
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