2025-12-29 15:26:27

The recent performance of the precious metals market has indeed been eye-catching. Gold experienced a single-day drop of over 100 points, and silver followed suit with a sharp decline. Such extreme volatility has been rare in recent times.

Many people tend to panic when they see this kind of market, even wanting to chase short positions. But this is exactly the time to test your mindset — the more intense the market, the more you need to stay rational. Recklessly chasing short positions often ends up digging a hole for yourself.

From a technical perspective, the window for shorting has already closed. The current opportunity is actually on the bullish side. Consider establishing long positions around 4370 for gold, with a target around 4460; for silver, 72 is a good entry point, with room up to 77.

The correlation between the crypto market and precious metals has become increasingly evident in recent years. BTC, as a risk asset, often presents opportunities during such extreme market conditions. The key is to wait for the right position—avoid blindly bottom-fishing or blindly shorting.

BTC-0.64%

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BearMarketLightning

· 7h ago

What is the point drop? I directly went long on this wave; friends chasing shorts are probably going to get liquidated again. In this kind of market, BTC's correlation with gold and silver is too obvious; you need to wait for a good entry point to get on board. Honestly, extreme volatility is when you make money; those with a fragile mindset always miss out. I'm just wondering, why are there still people blindly chasing shorts? Isn't that just asking for death? Gold above 4370 and silver above 72, I have already marked these two levels, just waiting for the opportunity.

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MEV_Whisperer

· 7h ago

Shorting is just asking for death. I've seen too many people play like this and end up losing everything. I think buying the dip at 4370 for gold is okay, but you need patience. BTC's recent movement has been too closely linked with precious metals. Wait until you're sure before jumping in. Extreme market conditions can actually be opportunities, but the premise is not to be greedy. Entering silver at 72 might be a bit early; you can wait a bit longer. It's all about mindset. It's more important than just watching the market. This is the toughest test for people. Reckless trading can lead to serious losses.

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SmartContractPhobia

· 7h ago

Is it panic when gold drops a hundred points? This is the difference between rookies and veterans. Short positions are rolling in blood; the bulls are the right path. The 4370 level is indeed tempting; I have already set my sights on it. BTC should also respond now; extreme market conditions often brew great opportunities. Chasing shorts really just causes oneself trouble; I've learned that lesson. It's safer to wait for the right opportunity in this wave, no rush. I'll note down the entry at silver 72, and see how it goes later. Having paid enough IQ taxes, now it's just a matter of who can survive until the end. Playing with contracts like this really tests your mentality; spot trading is more solid. Is such a big drop actually good news? I just can't figure it out.

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LiquidityWhisperer

· 7h ago

Gold's recent sharp decline is indeed fierce, but chasing short positions is really asking for death. Mindset is truly the most important. Buying the dip in gold at 4370? I think we should wait and see; it still feels like there's room to go down. The correlation between BTC and gold is becoming more and more obvious. This is the real alpha. Everyone chasing short positions is getting trapped; going long is the way to go, everyone. Silver at 72 is a pretty reasonable entry point, but the volatility is too high to handle. When the mindset collapses, it's often when the market is the craziest. Stay strong, brothers. BTC is looking for an opportunity, but really, don't be reckless. Wait for signals before taking action; that's the safest approach.

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PseudoIntellectual

· 7h ago

Really, this wave of decline is too fierce. Watching gold plunge has left me a bit stunned. Those shorting should stay calm; it's easy to get caught and stuck. The 4370 level is indeed a good place to try going long, but I still want to wait and see, afraid of buying at the high. If entering silver at 72, you need to set a proper stop-loss. The recent volatility has been really outrageous. The key for BTC is still to find the bottom; don't rush to buy the dip. Wait a minute, gold and other precious metals have fallen, but cryptocurrencies haven't dropped significantly—kind of interesting. Mindset is really the most important; even if you see the right direction, you need to withstand the volatility. In this kind of market, the more impatient you are, the easier you lose money. Still, the old saying: be patient and wait for opportunities.

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