#数字资产市场动态 Market opens on Monday, and the easing of the Russia-Ukraine situation initially suppressed market sentiment. Silver remains under pressure and declines, attempting a rebound around the 14 level in the early session, but the bulls lack follow-through, and the upward momentum quickly fades. During the session, 4525 becomes a clear weak support level, with a pullback near the previous high of 4385 before the evening. The decline exceeds expectations, making the support-turned-resistance window rare to see. The true test of trading has never been about reading candlesticks but about maintaining the right mindset and discipline.

Entering the evening session, the price quickly dips from 4485 to 4498, then rebounds but remains below 4565. As the bulls take profits at high levels, the market falls into a phase of directional vacuum. A large bearish reversal appears on the daily chart, with its destructive power comparable to the October top. Silver is even more extreme—its single-day decline sets a 45-year record. This is market temperament: the fiercer the rise, the sharper the fall. In the days following a reversal, rushing to go long is risky, and the short-term momentum clearly leans weaker.

During the daytime, the price fluctuates above 4330, with the key turning point still pointing to the 4385-90 range. The pattern of rising then falling repeatedly plays out, and the short-term may enter a wide-range consolidation, with signs of the market gradually converging. If the price remains stuck below 4390-85 for a long time, the head-and-shoulders top risk framework will form. Currently, the 4-hour chart shows a death cross of moving averages, indicating obvious resistance. In the evening, watch the 4386-90 zone for signs of weakening.

Recent market volatility may gradually subside, and chasing the momentum risks missing out. The true initiative lies with those who have already positioned themselves in advance. While there are still short-term opportunities for the bears, excessive bearishness is unwarranted, and further signals are needed to confirm the next move.