JPMorgan: Bitcoin futures are oversold, while silver has turned overbought. The long-term target price for gold is $8,500.

BTC-1,47%

PANews January 31 News, according to The Block, Morgan Stanley analysts stated that Bitcoin futures appear to be oversold, while gold and silver futures have entered overbought territory, as investors are increasingly favoring precious metals over Bitcoin in both retail and institutional channels.
Although precious metals face short-term risks, analysts remain optimistic about gold’s long-term prospects. They indicated that both private investors and central banks are continuously increasing their allocations to gold. The analysts reiterated that if households continue to substitute gold for long-term bonds as a hedge against stocks, the proportion of private investors’ gold holdings could rise from the current slightly above 3% to about 4.6% in the coming years. Under this scenario, analysts believe the theoretical range for gold prices could reach $8,000 to $8,500 per ounce.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Today, the Fear & Greed Index rose to 12, indicating the market is in a "severe panic" state.

Foresight News reports that, according to Alternative.me data, the cryptocurrency fear and greed index rose to 12 today (yesterday the index was 8 "Extreme Fear"), indicating that the market is in a "Extreme Fear" state.

GateNewsBot57m ago

【Madman on Trends】Is dropping to 60,000 just the beginning? Looking at historical declines, where is Bitcoin's bear market bottom?

The article analyzes Bitcoin's recent price drop to $60,000, pointing out poor trading data from seasoned investors and questioning whether new investors are willing to step in. It also speculates on the possibility of a game of chess among institutions. A short-term rebound is predicted, but in the long term, a bear market may still be looming, with Bitcoin potentially falling to a bottom of 27000@E5@. The importance of faith in the market is emphasized, and there is anticipation that future intelligent agents will take over the blockchain.

区块客1h ago

Bitcoin Price Prediction: Can BTC Reclaim $72,000 This Week? - BTC Hunts

Bitcoin is struggling to break above the $70,000 resistance, with potential consequences for the upcoming week. A failure to reclaim this level might lead to further declines toward $59,600 and lower, while a successful push could see BTC aim for $78,000.

BTCHUNTS1h ago

Why Is Humanity Protocol (H) Price Pumping?

Humanity Protocol is having a really strong day. The H price is up about 13.6% in the last 24 hours, trading near $0.229 and clearly outperforming Bitcoin, which is slightly in the red. When you see something like this, it usually comes down to one simple theme: traders are rotating out of

CaptainAltcoin1h ago

Smart Money Is Positioning: Top 5 Altcoins Worth Trading Before a Possible 60% Surge

Smart money activity is increasingly visible across selected altcoins during consolidation. Liquidity strength and volume consistency are driving attention more than narratives. A potential 60% upside is being discussed based on technical positioning, not

CryptoNewsLand1h ago

ETH 15-minute slight decline -0.02%: Liquidation aftermath and on-chain liquidity boost short-term pressure

February 15, 2026, 23:00 to 23:15 (UTC), ETH's candlestick return within the 15-minute window was -0.02%, with the price slightly decreasing from $1,951.12 to $1,950.73. Although the short-term decline was limited, after a significant adjustment earlier, market volatility remains notable, trading volume stays active, indicating that investors continue to pay close attention to the market direction. The main driver of this fluctuation is the ongoing impact of the massive liquidation event in early February. Institutions like Trend Research, which held large amounts of leverage due to ETH price falling below $2,000,

GateNewsBot2h ago
Comment
0/400
PTDpro28vip
· 01-31 01:13
ETH shows the formation of an symmetrical triangle. The overall cryptocurrency market capitalization is forming a right-angled expansion pattern. ‍$ETH $BTC $GT
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)