Silver Crash: Level $74 reached amid mass liquidations 📉🌪️🚨

$DCR $SKR $COLLECT

Brutal sell-off: Silver has fallen from recent highs and is trading around $74 today. This sharp correction has wiped out weeks of profits in just a few sessions as the "parabolic" rise has finally cooled off. 📉

Liquidation chaos: Mass forced liquidations, including over $16.8M in long positions alone on Hyperliquid, triggered a cascade of selling. Leveraged traders were caught off guard, exacerbating the downward pressure. 🏛️

Fed Factor: The nomination of hawkish Kevin Warsh as Fed Chair strengthened the dollar, hitting precious metals. While volatility is extreme, industrial demand for artificial intelligence technologies and solar energy may still provide a long-term floor. ⚡

⚠️ For awareness only.

Marked coins are not related to this news.

This information is provided for educational and informational purposes only.

(NFA)(DYOR)