In the afternoon session, the precious metals market experienced a rapid sharp decline.
Spot silver instantly broke through, dropping over $1 in a short period, currently trading at $73.24 per ounce, with today's gain shrinking directly to 2.4%; gold also dropped along with it, falling more than $20 in the short term, now at $4348.42 per ounce, with the gain shrinking to 0.7%.
What usually causes such a flash crash? Several possibilities—perhaps an automatic sell-off triggered after hitting a key technical point, or someone dumping the market ahead of big news, or maybe a sudden reversal of market sentiment.
Some market insiders say: "In this kind of volatile market, preserving your capital without losses is more realistic than chasing small profits." Although the short-term volatility is intense, the status of gold and silver as safe-haven assets remains solid, and no one would deny this consensus.
Everyone is waiting to see how the market develops next.
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defi_detective
· 16h ago
Silver has dropped so much, it feels like the game is about to restart. Now is not the time to buy the dip, but to hedge against risks.
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bridgeOops
· 17h ago
With this sudden drop in silver, it seems like precious metals no longer serve as a safe haven... It's more straightforward to add to your BTC holdings.
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FOMOSapien
· 01-03 19:19
The rapid decline of silver was indeed unexpected, but looking at the title mentioning increasing BTC allocation, it seems that the spotlight of precious metals might really be shifting to cryptocurrencies.
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SchrodingerWallet
· 01-02 16:19
Silver's recent plunge was so sudden and unexpected; it's better to accumulate more Bitcoin to feel at ease.
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AirdropHarvester
· 01-02 16:14
Coming back with this again? Silver got hammered, but the truly smart people have already all in on BTC. Precious metals are just too slow.
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LayerZeroHero
· 01-02 16:11
With this plunge in silver, it feels like someone is testing the bottom.
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GateUser-e19e9c10
· 01-02 16:02
Silver took a pretty heavy hit this time, the flash crash is really hard to prevent
Going directly to BTC is safer, and hedging also depends on the tools
Another trap to lure buyers? Be careful
Preserving principal is the most important, those greedy ones have all been harvested
This rhythm feels like a signal before a major event
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ForkTrooper
· 01-02 16:00
Silver was hammered too hard in this wave, it was still rising one second before the flash crash.
#Strategy加码BTC配置 Silver suddenly plunges, shocking investors
In the afternoon session, the precious metals market experienced a rapid sharp decline.
Spot silver instantly broke through, dropping over $1 in a short period, currently trading at $73.24 per ounce, with today's gain shrinking directly to 2.4%; gold also dropped along with it, falling more than $20 in the short term, now at $4348.42 per ounce, with the gain shrinking to 0.7%.
What usually causes such a flash crash? Several possibilities—perhaps an automatic sell-off triggered after hitting a key technical point, or someone dumping the market ahead of big news, or maybe a sudden reversal of market sentiment.
Some market insiders say: "In this kind of volatile market, preserving your capital without losses is more realistic than chasing small profits." Although the short-term volatility is intense, the status of gold and silver as safe-haven assets remains solid, and no one would deny this consensus.
Everyone is waiting to see how the market develops next.