


As the sharp rise in precious metals begins to gradually come to an end, it is thought that investors may turn their attention back to cryptocurrencies such as Bitcoin and Ethereum. In particular, the strong rally seen in metals like silver, palladium, and platinum in recent times has attracted investors' attention, while there are increasing views that this movement is nearing 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 starting to look for new opportunities, which may lead them to digital assets, especially Bitcoin and Ethereum. Following the high gains recorded in metals, many investors are leaning towards profit realization and accelerating the transition to alternative investment vehicles.
Garrett Jin summarizes this situation with the 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 attractive again for investors due to their high liquidity and global accessibility advantages. The perception of Bitcoin as a digital store of value and the strong ecosystem structure of Ethereum are among the key factors in this transition.
If the capital that could exit metals increases price volatility and trading volume in the cryptocurrency market, this implies that we may experience a more active process in both Bitcoin prices and certain altcoins. As critical levels that investors need to monitor become clearer, it will be important to follow developments regarding the future performance of Bitcoin and Ethereum.
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