2025-12-27 17:21:05

Silver has completely exploded recently. Shanghai Silver directly broke through 19,000 yuan, with a single-day increase of 6%; across the ocean, New York Silver also didn't stay idle, soaring to $79.675 per ounce, an 11% increase in 24 hours. This scene is like the madness of the crypto market being transferred to precious metals.

What exactly happened? Ultimately, it's two words—shortage. Spot inventory has long fallen to the floor, coupled with tight supply for delivery months, pushing prices up like crazy. Holders are tightly holding onto their chips without letting go, and there’s still a possibility of a surge before the delivery date.

But there are also significant risks here. The shorts have been firmly pressed down, but can the market stabilize? That’s really uncertain. Friends wanting to enter the market should think carefully—chasing highs is easy to get trapped, and although shorting also carries huge risks, blindly following the trend is equally dangerous. If a pullback occurs, those who buy in will suffer losses.

What do you think? Will silver break through the $80 mark, or will it encounter resistance on the technical side?

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HalfBuddhaMoney

· 9h ago

The shortage hype is a familiar trick to me. The crypto circle is now playing the precious metals game, interesting. --- But honestly, those rushing in now to chase this wave will most likely have to take the loss, just waiting for the pullback day. --- The story of inventory hitting bottom and tight supply is being hyped up quite aggressively, but can it hold until $80? I remain skeptical, it's just a rebound rally. --- Bullish frenzy is fine, but what happens after the delivery month passes? That's when the backlash will come. --- Another shortage hype, and precious metals are starting to play the crypto game too, hilarious. --- Basically, it's the last wave of plundering before the big players dump the market. The seemingly crazy行情 is all about cutting the leeks. --- $80? Don't even think about it. Once the technicals collapse, it's a free fall. No matter how loud the hype now, it's all in vain.

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QuorumVoter

· 9h ago

The shortage market is like this. A few days ago, we were watching the short positions get liquidated, and now it's the longs' turn to get trapped. No one should laugh at anyone.

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LiquidationOracle

· 9h ago

The tactic of shortage driving prices up... I've seen it too many times in the crypto world, just worried that during a pullback, the bagholders will be crying and blaming everyone.

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FreeMinter

· 9h ago

Is the shortage driving this wave? It feels similar to the hype cycle in crypto. Once the delivery date passes, I'm afraid there will be a market dump.

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SchrodingersFOMO