Silver and gold, which have experienced the biggest rise in their history since the 1980s, are now experiencing the opposite. Silver is experiencing daily losses exceeding 34 percent at a rate it has never seen before. Bitcoin is targeting $81,000 and gold has also suffered double-digit losses.
Silver and Gold Crash
Silver It dropped to $75 and crashed at $117. Most from altcoin Silver, which has even suffered more losses on the daily, seems to have ended its magnificent upward trend for now. If the $70 level is lost, $56 could be tested.
Gold It decreased by 12% from $ 5,400 to $ 4,750. The most obvious support here is $4,550, and closes below could extend the sell-off to $4,300.
So what happens that the decline occurs? The strongest bearish signal in the markets is for US President Trump’s presidency of the Federal Reserve (Fed). hawk Choosing Kevin Warsh, who is known for his (pro-interest rate increase or high interest) views, was an important signal. The dollar is also gaining some strength, but the main focus was that these assets, which rose very quickly in a short time, are now in profit-selling period. We have always talked about how the continuous and vertical rise has resulted throughout history. Nothing different happens today.
Is this the end of a trend? trump Global uncertainty will not end as long as he is in office, but the new Fed chairman may have scared commodity investors more than expected. Even if the trend is not over, over $5,000 for gold and $100 for silver may no longer be an easy target. At least in the medium term.
What Are China Silver Export Restrictions?
China’s restrictions, war, oppression, these have been priced for a long time, especially for silver. However, China has already implemented silver export restrictions as of January 1, and the support of the news flow originating from China has weakened at this point. Silver is no longer an ordinary commodity and has been given the same status (strategic raw material) as “rare earth elements”. As of January 1, only companies that have a special export license from the Chinese Ministry of Commerce can sell silver. The number of companies allowed to export silver for the 2026-2027 period was announced as only 44. In order to obtain a license, strict conditions were imposed on companies, such as having an annual silver production capacity of at least 80 tons and a credit limit of more than 30 million dollars. These strict criteria led to the withdrawal of small and medium-sized exporters from the market and the concentration of supply in state-controlled giant companies. According to data dated January 22, China’s silver exports reached a 16-year peak (about 5,100 tons), contrary to fears of restrictions. Experts state that inspections have increased rather than cutting shipments.
Bitcoin (BTC)
If the new Fed President listens to Trump and lowers interest rates, the independence of the Fed will be open to discussion. If he doesn’t download it, Trump will start calling him an idiot this time. As a matter of fact, Trump had already stated that someone who would not lower interest rates could not be the Fed chairman. We may be moving towards the days when we will start talking about structural problems for the Fed.
On the other hand, the new President is not keen on QE and may continue the slow process of monetary expansion.
With Iran on the one hand, Trump’s new nonsense on the other, and concerns about the new Fed Chairman on the other, the charts have turned upside down today. As new documents about Epstein and Trump have also been released, there are concerns that something big could happen soon. We’ll probably all see what happens in a few weeks.
The key point for BTC is $80,600 and a loss of this level will now confirm that the trend has turned completely downward.
Meanwhile cryptocurrency Investors also lost large amounts of money from commodity futures that were newly introduced to many platforms.
Liquidation in XAG (Silver) futures approached 12 million dollars. Liquidations in XAUT and XAU (gold) futures are again around 12 million dollars. Of course, these are just the losses in the last hour. In silver alone, liquidations in the last 24 hours are over $35 million.
hyperliquid With the liquidation of 96 million dollars in the last hour, it tripled the Binance exchange and ranked first in liquidations.
Clue: HYPE, the token of Hyperliquid, whose income increased after massive liquidations, exceeded $ 31 despite the last BTC drop. If commodity open positions weaken on the platform in the coming days, those who buy with volume motivation may sell HYPE as the income of the protocol will weaken.
