#数字资产市场动态 $ETH Witness the疯狂时刻 of spot silver! Breaking through the $90 mark, the total market capitalization soars to the trillion-level, officially surpassing a certain chip giant to become the second-largest asset globally. This wave of market is far from over.

The driving force behind it is clear: the easing of interest rate cuts + ongoing escalation of geopolitical tensions, directly igniting investment enthusiasm for precious metals. More importantly, futures exchanges have adjusted the margin mechanism to a floating ratio system, causing a sharp increase in the cost of maintaining short positions, with a series of short squeeze phenomena brewing.

The supply side is even more a powder keg. COMEX silver inventories have fallen below 440 million ounces, with millions of ounces flowing out daily. The photovoltaic industry and AI chip industry have strong demand for physical silver, leading to a rare "reverse rollover" in the futures market—traders prefer to chase near-month contracts rather than hold long-term paper positions, aiming to acquire real metal.

Citigroup has set a target of hitting $100 within three months. But don’t ignore the risks: if geopolitical tensions suddenly ease, precious metals could face a correction pressure. A super rally driven by trading rules, physical shortages, and speculative forces is unfolding. What is your strategy?