Silver futures just saw a dramatic reality check. Predictions for $SI hitting $100 per ounce in January have collapsed—from over 50% probability down to just 16%. That's a massive swing in market sentiment, signaling traders are taking a much more bearish stance on near-term silver rallies. The shift reflects changing expectations about inflation momentum and Federal Reserve policy direction heading into the new year. Whether this pessimism creates a contrarian buying opportunity or validates deeper weakness remains to be seen—but the data points to cooling enthusiasm among the prediction markets.