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Unbelievable! Can you believe this is the trend of gold and silver?
The global metals market just experienced a major earthquake, with gold posting its largest single-day drop in 40 years, and silver crashing by 36%!
This epic plunge caused panic across the board. The new US Federal Reserve Chair candidate was just announced, and the dollar and US bonds surged like they were on steroids, directly sending precious metals into ICU.
Dragged down by this, the crypto market also underwent a thrilling shakeout. Bitcoin was briefly pulled underwater, with total liquidations reaching $492 million. However, dramatically, Bitcoin was the first to initiate a deep V-shaped rebound, demonstrating strong resilience, especially after leading trading platforms announced they would convert $1 billion reserves into BTC, injecting a powerful boost into the market!
Now, major players are busy abandoning gold for cryptocurrencies. On-chain gold tokens are being heavily liquidated, yet funds are secretly increasing their Bitcoin holdings. Even in extreme conditions, mainstream institutions are still holding billions of dollars worth of BTC steadily. Everyone is beginning to realize that, in such turbulent times, the safe-haven properties of digital gold seem even more robust than physical gold.
Currently, market sentiment is recovering from extreme panic. From a trading perspective, although the decline was sharp, the current risk-reward ratio is quite attractive. As long as the 80k psychological level is maintained, the market could rebound strongly at any moment, and short-term bulls are already eager to move.
This wave is the result of the US replacing leadership, triggering a financial harvest—gold and silver have all become casualties. The market is now driven by emotion; as long as Bitcoin doesn’t break that bottom line, this is a chance to pick up bargains. Friends looking to buy the dip should watch carefully, don’t go all-in at once, and if the price breaks below, quickly exit. Never fight the market to the death! #贵金属行情下跌 $BTC