Silver's performance today has been a roller coaster: a rapid correction after a surge to high levels, once again demonstrating the previous intense volatility pattern. In the upcoming period, market rhythm will become increasingly tight, and expanded volatility is a certainty. For traders with less experience, it’s better to stay on the sidelines for now.



Looking back at yesterday’s setup—short position entered at 81.5, with the deepest retracement touching 76 before rebounding. I am still holding that position. In this wave of market movement, I’ve suffered two quick losses in very short-term trades, and the trend is indeed testing patience.

From a technical perspective, the four-hour chart has already turned downward, and there is still room for further decline in the pattern. Short-term sentiment has clearly shifted, and bearish momentum is beginning to gather. If you plan to participate in silver trading, the key now is to seize this downward opportunity.

In terms of operation, trying short positions around the 78.5 level is a possible approach, with the first target around the 73 zone. Of course, stop-loss settings should be reasonable to prevent a pullback from knocking you out.
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WenMoonvip
· 01-10 22:13
Damn, bought in at 81.5? That wave washed me out too, I really can't keep my composure haha
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digital_archaeologistvip
· 01-09 06:00
81.5 entry and holding until now, my mindset is incredible... This market really is playing psychological warfare.
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TokenVelocityTraumavip
· 01-08 02:49
81.5 still holding on stubbornly, how tough must your mentality be... I've already been shaken out.
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DoomCanistervip
· 01-08 01:51
I'm still holding the short position entered at 81.5, this mentality is really tormenting... But on the other hand, that 76 level is really amazing, it always rebounds there, it seems like silver just loves to tease us retail investors.
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MetaverseLandladyvip
· 01-08 01:47
81.5 still holding on, how strong is this mentality... I was already washed out by the retracement long ago, now watching it drop again and starting to regret
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HallucinationGrowervip
· 01-08 01:47
Are you still holding the short position entered at 81.5? Bro, as long as your mindset hasn't collapsed, you've already won. I can't stand this rollercoaster-like pullback.
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MetaMaskedvip
· 01-08 01:43
Wow, entering a short at 81.5 and getting hit down to 76 before bouncing back—how strong must that mentality be... I would have cut my losses and run long ago, haha.
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GhostAddressHuntervip
· 01-08 01:42
Are you still holding the 81.5 short position? Respect, buddy. This wave is really testing people... But can it really reach 73? I have a feeling it might fluctuate back and forth again.
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FreeMintervip
· 01-08 01:41
81.5, getting to this point really makes my mindset explode. This wave of money can turn on a dime... But there's still a chance at 73. The key is not to set the stop-loss too wide.
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RooftopReservervip
· 01-08 01:39
81.5 entry point, and now that I've gotten to this point, I really have to admit defeat. This wave of market movement is just here to torment people...
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