#比特币与黄金战争 The precious metals rally is interesting—silver is moving completely in sync with gold, and the correlation effect is particularly obvious. The entire sector is basically following gold's lead.
From a short-term perspective, it’s currently stuck at the high of 74-75, with only minor fluctuations back and forth. It has tested below 74 several times but hasn't broken through, which corresponds perfectly with the wide-range fluctuations on the 1-hour chart. From the pattern, there are no signs of reversal; this is simply a consolidation and buildup phase during the upward trend.
More importantly, during this sideways movement, the trading volume hasn't significantly decreased, indicating that funds are still active in the market. Currently, the bulls and bears are evenly matched, representing a typical tug-of-war stage.
The trading strategy is very clear: the support zone at 73.5-73.7 is an ideal entry point for long positions. The first target is 74.5. If the breakout here is smooth, then continue pushing towards 75.0. $ETH $BNB
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MidnightTrader
· 7h ago
Silver is really being overshadowed by gold, feeling like a little brother trying to get by with the big brother
The most annoying part of the bull-bear tug-of-war phase, all the funds are waiting for signals
I need to keep a close eye on the 73.5-73.7 level; if it doesn't break, I'll just keep lying low
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AmateurDAOWatcher
· 7h ago
Silver is really following the trend, moving in sync with gold. The 74-75 range is a bit annoying, feels like just chopping the market back and forth.
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Is the trading volume still active? That means someone is lurking. How long can this tug-of-war between bulls and bears go on?
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Entering long at 73.5 is possible, but I’d rather see what happens if this support level breaks.
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It's the same old story of building momentum... I've heard this explanation too many times. Sometimes, there's just no market movement.
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Gold sets the pace while silver dances along, the entire precious metals sector seems to be led around by the nose.
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The data looks good, but actual trading still feels so tough. This is the real truth of trading, isn't it?
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RadioShackKnight
· 7h ago
Oh, silver is just a follower, it moves whenever gold moves, no temper at all.
Wait, can this 73.5 really hold steady? It feels like the funds are a bit weak.
The tug-of-war between bulls and bears is just a gambler's game. Anyway, I'm waiting for a break above 75 before taking action.
#比特币与黄金战争 The precious metals rally is interesting—silver is moving completely in sync with gold, and the correlation effect is particularly obvious. The entire sector is basically following gold's lead.
From a short-term perspective, it’s currently stuck at the high of 74-75, with only minor fluctuations back and forth. It has tested below 74 several times but hasn't broken through, which corresponds perfectly with the wide-range fluctuations on the 1-hour chart. From the pattern, there are no signs of reversal; this is simply a consolidation and buildup phase during the upward trend.
More importantly, during this sideways movement, the trading volume hasn't significantly decreased, indicating that funds are still active in the market. Currently, the bulls and bears are evenly matched, representing a typical tug-of-war stage.
The trading strategy is very clear: the support zone at 73.5-73.7 is an ideal entry point for long positions. The first target is 74.5. If the breakout here is smooth, then continue pushing towards 75.0. $ETH $BNB