A few days ago, BTC was heavily dumped by the main force at all costs. In fact, the main reason was that gold and silver absorbed liquidity. Other reasons are really secondary. Earlier this year, gold and silver prices rose too quickly, causing a large unrealized loss for many banks holding short positions for hedging. Moreover, banks definitely don't have that much physical gold and silver to deliver. As the delivery date approaches, the best approach is to directly dump the market, trigger long liquidation, and reduce the demand for physical gold and silver delivery; plus, there were several margin requirement increases by COMEX. After all, the money in this market is limited, and liquidity is finite. The COMEX silver notice date for March is 2.27, so I think it's better not to try going long before that. #BTC #XAG #Gold