2026-01-16 00:23:42

Yesterday, the silver market played out a thrilling drama. During the Asian trading session, spot silver briefly surged past $93.75/oz, hitting a historic high, but the subsequent move caught the bulls off guard— the US government issued a new key mineral tariff announcement, causing silver prices to plummet instantly, with a sharp drop of 7.3% intraday to around $86.40. Up to now, silver prices have been oscillating around $90, trying to regain stability.

What exactly happened? The key lies in the reversal of policy expectations. The US President recently signed a document announcing the suspension of import tariffs on key minerals (including silver), shifting to negotiations with trade partners. Previously, the market was frantic to buy and stockpile due to fears of supply disruptions, but this policy shift directly burst that bubble—bullish funds collectively panicked and fled.

Another background factor is the extremely crowded technical setup. Over the past 50 trading days, silver has gained more than 80%, far outpacing gold. Indicators like RSI and MACD have long been overbought, and the severely overbought trend cannot withstand any slight disturbance. Yesterday’s negative news became the "last straw," triggering a large-scale stop-loss cascade.

But there’s also a detail worth noting—why didn’t silver prices continue to fall? On one hand, the demand for silver from the global photovoltaic and new energy industries remains unchanged—this is a necessity. On the other hand, geopolitical tensions in Venezuela, Iran, and other regions still exist, and risk aversion has not fully dissipated. It’s this tug-of-war between these forces that allowed silver prices to find buyers at low levels and climb back above $90.

Honestly, this kind of intense volatility actually presents opportunities for traders—once policy expectations clarify, market logic will gradually return to rationality, and the fundamental supply-demand and safe-haven attributes of silver remain intact.

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NotFinancialAdvice

· 01-19 00:21

This plunge is really incredible, the bulls were directly stunned. As soon as the policy reversed, the market collapsed. Where's the supposed safe haven? An 80% surge, it's been overdue for such a fall. Wait, the demand for new energy is still there. How did the bottom get supported so quickly? Is the opportunity here? Or should we wait and see?

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AirdropFatigue

· 01-18 10:18

Damn, yesterday's move was really incredible. The bulls suffered heavy losses. The policy shift caused an immediate explosion. This is the consequence of chasing highs. An 80% increase should have already corrected by now. With such crowded technicals, how can it not fall? But don't be too pessimistic. The demand for new energy is still there. Once this wave of volatility ends, it will be the real opportunity to get in.

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MEVSupportGroup

· 01-16 12:30

Damn, another policy reversal causing a sell-off. Silver's recent surge of 80% is incredible. Bullish panic selling, it's painful just to watch. RSI was overbought long ago, should have already run. This time, it's well deserved. But the demand for new energy is still there. Waiting patiently for the bottom to absorb, the logic hasn't collapsed. Policies can really change overnight, forcibly bursting the bubble. Photovoltaic demand provides solid support, silver prices around $90 should hold. The technical indicators are so overbought, who dares to chase the high? It's hilarious. Risk aversion sentiment hasn't dissipated, and there are still safe-haven buyers bottom-fishing. No wonder the decline didn't continue. Is the policy clarification an opportunity? I believe so this time, waiting for rationality to return. Tariff uncertainties are resolved, and the market finally feels more at ease.

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GateUser-a180694b

· 01-16 09:54

Damn, another policy reversal trapping the longs. This wave of cutting leeks is really ruthless. An 80% increase should have been a sign to run, but greed got the better of them. Serves them right. The key mineral tariffs suddenly turned, causing an instant plunge. This is the cost of policy game-playing. The demand for photovoltaics is right there, if silver prices keep crashing, it will really be a nightmare. This wave is actually an opportunity. Now that policies are clearer, should we buy the dip? Or wait and see? The RSI is overbought and can't withstand the wind, the technicals are basically a ticking time bomb. The situation in Venezuela and Iran hasn't settled down yet, safe-haven assets still need to be bought, this logic won't die. $90 is a psychological level; let's see if it can really hold steady. Silver is forming a double top again. Be cautious of a quick pullback in this rebound. Honestly, after the policy is implemented, the market becomes much more rational, but is the supply and demand fundamentals really solid?

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MissedTheBoat

· 01-16 00:52

Damn, it's another policy reversal tactic. The feeling of missing out is really uncomfortable. Those who chased the high are all dead; I knew it would turn out like this. Silver should have been sold after an 80% rise; greed has no good ending. Once the tariff suspense is resolved, it directly dumps; I can't see through these twists and turns. Speaking of which, the demand for new energy hasn't changed. Should we consider bottom-fishing around $90? Or wait a bit longer? Is this wave the bottom, or is it still continuing to kill? The decline is so fierce that indicators should be dulled by now; there might still be a chance for a rebound.

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BloodInStreets

· 01-16 00:49

A typical bull trap, I've seen it for a long time. An 80% rally made to look like something, do they really think they've caught the bull market? The market loves to play this way, creating bubbles and then popping them, with bloodshed traders cutting their losses one after another. Once the policy shifts, all the bulls get caught off guard—that's the cost of bottom fishing. I said that overbought and extremely stretched movements can't withstand the wind, and now look, $93 drops to $86, and the panic selling isn't even enough to be brutal. But the low levels do have some flavor; photovoltaic demand and risk aversion sentiment are still supporting it. This wave of decline actually presents a contrarian opportunity. When rationality returns, the value gap in silver will become apparent. Sincerely, the time to find the bottom has truly arrived.

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MemeTokenGenius

· 01-16 00:44

Oh no, this policy reversal directly caused a wave of gains, it's incredible. The way silver prices are fluctuating back and forth, it's definitely a tug of war for funds. 80% increase? Oh my, are they playing with fire? The moment policies shift, there's a stampede, indicating that the fundamentals aren't that solid. As long as there's still demand, then the bottom support is quite strong. This decline actually cleaned out a bunch of retail investors, and there might be a rebound later. The risk aversion sentiment hasn't dissipated, so silver really can't fall too much. Opportunities are surfacing like this, is it time for everyone to buy the dip? This trading tests whether you can withstand psychological fluctuations. The technical indicators are off the charts and still want to keep rising, aren't they asking for trouble?

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ApeEscapeArtist

· 01-16 00:44

Wow, this wave of tariff reversal is really incredible. After stocking up, it immediately crashes. An 80% increase, the technicals should have exploded by now, but it still depends on the fundamental demand to support it. The policy reversal hit so hard, indicating that the bullish funds really lack confidence. The demand for photovoltaics is still there; it shouldn't continue to decline. It's a good time to buy the dip at low levels. In this kind of market, you really need to be cautious when placing orders; the sentiment shifts too quickly. Forget it, wait for clarification. Entering now is just a gamble on luck.

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liquidation_watcher

· 01-16 00:43

Oops, once again the policy suddenly shifts, and the bulls get caught. This is the fate of silver—an 80% increase should come with awareness of the risks. Wait, the energy demand is the key support point; the short-term rebound might rely on this. Yesterday's plunge was indeed fierce, but it feels like the bottom buyers are still holding up well. Could it be the eve of a new upward wave? Who knows. Policy clarifications actually make for better trading, at least the logic is clearer, much more comfortable than the previous expectation game. Holding the $90 line indicates someone is holding firm; there's still potential in the short term. Really, when the technicals are overbought, it's easiest to get trapped; a 80% rally topping out is also standard operation. If this wave can stabilize above $90, it feels like a new high isn't far off. The demand for photovoltaic is right there. The removal of the tariff uncertainty is actually a positive; the previous supply panic has finally dissipated.

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LiquidatedDreams

· 01-16 00:25

Damn, an 80% increase just crashes down, this is overbought. The policy suddenly shifts and directly slaughter the bulls, causing a stampede-like escape that makes my scalp tingle. But the $90 resistance level is a bit tough, as the demand for new energy is right here.

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