#美国证券交易委员会推进数字资产监管框架创新 Silver Friday retraced, now at 64 yuan, down 0.80%. The price has effectively broken below the middle band of the Bollinger Bands at 65.6 and is still trading below it. Short-term key support is at 64.7.

On the 1-hour chart, there are consecutive bearish candles, indicating that the bears are releasing energy. The MACD has already formed a death cross, with the green bars still expanding. The RSI has also entered the weak zone, showing that the bulls lack the motivation for a rebound.

From the news perspective, US retail sales suddenly improved, causing the dollar to rebound. As silver is priced in USD, it is naturally suppressed. The previous high at 66.8 saw profit-taking rush out immediately, and with institutions reducing their long positions, the double effect has accelerated the retracement. In the medium to long term, the supply gap and industrial demand for silver are positive factors, but in the short term, these haven't yet taken effect. Currently, the dollar and capital flow dominate.

Trading idea: Short at the rebound in the 65.1-65.4 range, targeting 64.3-64.0. If it continues to break down, watch for 63.8. $BTC $ETH $BNB