- Post-Crash Rebound: The ETF is attempting to stabilize after a historic, AI-panic-induced crash in late January, where silver prices plummeted over 35% in a single day.
- Leveraged ETF Activity: Recent news highlighted significant volatility in related leveraged products (e.g., 2x Long Silver ETFs), indicating extreme speculative sentiment and potential short-term covering rallies.
- Physical Market Tightness: Despite price volatility, underlying physical silver inventories in key markets like China are at decade lows, providing a fundamental floor for industrial demand.
Analyst Targets: While specific SLV targets are scarce, the prevailing analyst view on silver has shifted from euphoria to caution post-crash, with many awaiting confirmation of a bottom formation.Weekly Outlook: Expect consolidation between $68.5 - $71.5. A sustained break above $71.25 could target a move toward $73. Failure to hold $68.86 may lead to a retest of recent lows near $67.73.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- 闪电侠08·02-16 22:33IkkkkLikeReport