Last night, major asset classes in the peripheral markets declined across the board, with major European and American stock markets falling more than 1% collectively. Bitcoin dropped over 10% in a single day. Today, Asia-Pacific equity markets also declined generally. The gold and silver bullish rally is still ongoing, but a mid-term correction is expected. In the short term, the battle between bulls and bears is intense, and the risks are very high. It is not recommended to participate in the current market. Silver IV is currently above 100%, so consider shorting silver volatility by selling (wide) straddle options. (Chuangchuang Futures)
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First Capital Futures: External markets decline across the board, gold and silver fall sharply
Last night, major asset classes in the peripheral markets declined across the board, with major European and American stock markets falling more than 1% collectively. Bitcoin dropped over 10% in a single day. Today, Asia-Pacific equity markets also declined generally. The gold and silver bullish rally is still ongoing, but a mid-term correction is expected. In the short term, the battle between bulls and bears is intense, and the risks are very high. It is not recommended to participate in the current market. Silver IV is currently above 100%, so consider shorting silver volatility by selling (wide) straddle options. (Chuangchuang Futures)