⚡️Citigroup updates research report, predicting silver to rally to $150 in the coming weeks — the most incredible part is that the sharp rise in silver prices occurs against the backdrop of multiple traditional bearish indicators simultaneously: 1⃣ COMEX silver inventories have decreased by about 100 million ounces since October last year. 2⃣ Global (excluding China) silver ETF holdings have net outflows of approximately 270 million ounces since December. 3⃣ CFTC data shows some managed funds taking profits during the rally. Under the influence of macro risk premiums and China's crazy retail demand, the fundamentals have completely failed, making it very difficult to determine the top! This kind of speculative sentiment cannot be analyzed through fundamentals. It is similar in nature to the crude oil futures crash during the pandemic, which caused significant margin calls: it’s purely about smashing all opposing orders, gaining pricing power, and making everyone afraid to short. Only then will the market return to normal.

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