After initial gains, it reversed sharply intraday in an inverted V-shaped pattern, plummeting over 5% from its peak and breaking through the critical 4,500 support level.
Even worse: - Weekly cumulative decline exceeds 10%, marking the largest weekly drop in 40 years - Silver is even worse off, down over 15% for the week
Even gold shop prices have fallen below 1,400/gram.
Bottom line: Traditional safe havens are unstable, and market sentiment is undergoing a major shift. #加密行情震荡
Gold has "collapsed" this week
After initial gains, it reversed sharply intraday in an inverted V-shaped pattern, plummeting over 5% from its peak and breaking through the critical 4,500 support level.
Even worse:
- Weekly cumulative decline exceeds 10%, marking the largest weekly drop in 40 years
- Silver is even worse off, down over 15% for the week
Even gold shop prices have fallen below 1,400/gram.
Bottom line: Traditional safe havens are unstable, and market sentiment is undergoing a major shift.
#加密行情震荡