


As the strong upward trend in precious metals gradually comes to an end, it is believed that investors may be turning their attention back to cryptocurrencies like Bitcoin and Ethereum. The recent strong rallies in metals such as silver, palladium, and platinum have caught the attention of investors, and there are increasing views that this movement might be reaching its conclusion.
Garrett Jin, the former CEO of the cryptocurrency exchange BitForex, states that the short position squeeze in metals has come to an end. According to Jin, after this process, investors are beginning to seek new opportunities, which could lead them to digital assets, particularly Bitcoin and Ethereum. Following the high profits recorded in metals, many investors are looking to take profits and are shifting towards alternative investment vehicles.
Garrett Jin summarizes this situation with his words: "The short position squeeze in metals has ended as expected. Capital is starting to flow into crypto." In an environment where macro uncertainties continue, cryptocurrencies are becoming appealing again for investors due to their high liquidity and global accessibility advantages. Bitcoin's perception as a digital value storage tool and Ethereum's strong ecosystem are among the key factors in this transition.
If the capital flowing out of metals increases price volatility and trading volume in the cryptocurrency market, it means we could experience a more dynamic process in both Bitcoin prices and certain altcoins. As critical levels that investors need to watch become clearer, it will be important to follow developments regarding the future performances of Bitcoin and Ethereum.
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