#战略性加仓BTC ▎Crypto Market Pullback, Silver Instead Takes Off?

After peaking in October, Bitcoin has been on a downward trend, with the total decline approaching 30% by the end of the year. Leveraged liquidations and continuous ETF redemptions—this fire has burned into many investors' wallets. As a result, a large amount of capital has started to shift, seeking assets with solid fundamentals that don’t require constant monitoring. Silver has unexpectedly become popular.

The data supports the confidence behind this wave of market movement. For five consecutive years, supply has been tight, with a projected shortfall of 100 to 250 million ounces next year; global inventories have fallen to multi-decade lows, and physical shortages are beginning to appear. More importantly, on the industrial side—solar photovoltaic and new energy vehicles demand silver relentlessly—this demand has long accounted for 60% of total demand, providing a solid price floor.

▎But can this rally really continue?

The fundamentals are strong, but the short-term upside has already overextended expectations. Recently, institutions have been pouring cold water, saying that current price levels are already high and that a correction is likely next year. Investors who have escaped from the crypto market and are planning to "play it safe" with silver should be cautious—if they stick to old routines, using high leverage and speculative mentality to chase gains, there’s an 80% chance they’ll get burned. Safety first, don’t rush.