#战略性加仓BTC The recent silver market has been quite intense. On Monday, it surged directly to $83.62, hitting a new all-time high, only to experience the most severe single-day plunge since August 2020 — that kind of feeling, especially for those holding long positions.

Interestingly, on Tuesday, mining stocks followed silver prices in tandem, with this correlation almost instinctive. Hecla and Coeur Mining did not disappoint, rising by 1.5% and 0.6% respectively.

Market analysis suggests that yesterday’s sell-off was essentially due to some traders rushing to liquidate or adjust their positions before the year-end, which is quite normal. But more importantly, the underlying logic behind this rally remains intact — the US dollar continues to weaken, and geopolitical tensions are still unresolved. Therefore, the buying momentum is returning, and investors might be looking for opportunities to jump in.

The data from physical silver ETFs is quite straightforward: Aberdeen Physical Silver rose by 3.8%, and iShares Silver Trust also followed with a 3.7% increase. Funds are voting with their feet, indicating that institutional investors still have a positive outlook on silver’s future.