I am firmly bullish on this wave of silver market in the long term. The target is still set at $100, and this expectation remains unchanged.



In the short term, the trend is also solid. As long as the price can stay along the 5-day and 10-day moving averages, the bullish sentiment remains. If the price breaks below these two lines, it basically indicates that an adjustment phase is coming. Recently, it’s worth noting that the world’s largest silver ETF has increased its holdings, adding over 530 tons in the short term. From market sentiment to capital flow, everything is boosting the bulls.

On the trading front, I mentioned last week to reduce positions in low-level long positions. The current strategy is to hold onto them; if the market pulls back, buy the dips; if it continues upward, stay with the current positions without moving. Recently, intraday volatility has been particularly fierce. Short-term traders should remember one principle: focus on buying low and avoid chasing highs, this is very critical. Only when the market truly weakens should you consider shorting opportunities.

If you are holding physical silver, my advice is simple—just hold it and don’t fuss around. That’s the easiest way to keep things simple.

For intraday short-term trading, you can refer to these key levels for flexible operation:

Support levels from bottom to top: $62-$62.5, $64-$64.5, $66.5, $68-$68.5, with the most recent support at $70.5-$70.

Resistance levels from bottom to top: $74-$74.5 as the first barrier, then $76.5-$77, and $79.5-$80.
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ChainMemeDealervip
· 3h ago
I'm confident about the goal of reaching $100, just worried that retail investors might get caught at high levels. The addition of 530 tons looks good, but it also feels like institutions might be unloading. It's true that buying the dip and not chasing highs is important; recent volatility has indeed been fierce. But to be honest, how many people who are truly making money can stick to their positions without moving? I'm just holding onto physical silver bars, anyway, it doesn't matter if it takes a bit more time. If the support at 70.5 really breaks, we'll have to see what happens next. Short-term trading is difficult, better to hold long-term for peace of mind.
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GamefiGreenievip
· 3h ago
Is it really possible to reach the $100 target? I'm feeling a bit exhausted from this wave I hold, the volatility is too fierce. --- Avoiding chasing highs is a solid advice. I couldn't resist chasing a wave before, now I'm all tears. --- The 530-ton increase in holdings is quite aggressive. Maybe I should try a small position first? --- Breaking below the 5-day and 10-day moving averages means weakening? I need to keep a close eye, or I'll get hammered again. --- As for physical silver, I don't really want to watch the market every day anyway; holding it is the most comfortable. --- The resistance level at $74 still feels far away. How many adjustments will it take to get there? --- Buying low, but who knows which is the lowest? I've already bought several times. --- This round of the market seems really strong, and the capital support is unusually coordinated.
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MissedTheBoatvip
· 3h ago
100 yuan, this goal sounds pretty big. Hopefully, I won't miss out again haha. Just hold on to it and don't mess around, to avoid being tricked. Adding 530 tons, it seems institutions are also lurking. This wave really has potential.
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MentalWealthHarvestervip
· 3h ago
100 yuan? Dream on, let's get past 80 first. Silver is just volatile; don't be fooled by bullish sentiment. I've been hearing the low-buying strategy for a year now. As I always say, going with the trend is the most reliable. ETF added 530 tons, sounds impressive but not necessarily. Market sentiment is the easiest to reverse. I'm holding physical silver no matter what; it’s not going to drop much anyway, just like saving money. For short-term quick gains, carefully watch the support and resistance levels, don’t chase blindly. The logic that holding on can make you money—why is it so hard to believe? Can breaking the 5-day and 10-day moving averages really lead to a correction? I feel like we're hitting new highs again. When it was 130 yuan per gram, I said it would rise to 100, but what happened? This theory changes every week. Is it bullish or bearish?
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TokenomicsShamanvip
· 3h ago
$100 is a bit of a tough target, but looking at the funding situation, it’s indeed pushing upward. The ETF adding 530 tons is quite solid data. --- Don't chase after high prices; I need to remember this principle. The market has been very volatile lately. --- Physical silver holders say they are lying flat, just holding and waiting for appreciation to avoid hassle. --- Once the 5-day and 10-day moving averages break, be cautious. That’s a clear signal, no room for debate. --- Is 74-74.5 really a resistance? It feels like it might need to be higher to hold. --- If the 70.5 support can't hold, I’ll admit defeat. I really don’t have the energy to watch the market every day. --- $100 sounds like a dream, but since the funds are increasing their positions, I don’t oppose following along. --- Don’t play around with short-term volatility; I prefer to hold and wait for long-term gains. --- Adding 530 tons is pretty aggressive. Looks like the main players are really placing their bets. --- Buying on dips is a good strategy, but I worry that the funds might run out of money before the low points arrive. --- Right now, those chasing the market are just giving away their money. Remember this point—it can save you a lot of trouble.
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GigaBrainAnonvip
· 3h ago
$100 is tempting, but the short-term fluctuations can make people vomit blood. Buying the dip and not chasing the high is the true strategy.
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