SLV just hit a key milestone - weekly volume reached 716.98 million shares, marking the strongest week since silver peaked back in 2011. For context, that top saw 757.62 million shares change hands. Here's what caught my eye though: the week after that 2011 peak, things got ugly. Volume exploded to 1.07 billion shares as sellers dominated. If we're seeing history repeat and next week prints another heavy down move with expanded volume, it could signal serious downside pressure. Classic technical setup worth watching closely.
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BlockchainBrokenPromise
· 11m ago
After the peak in 2011, it plunged directly. Now SLV's rhythm is a bit similar... need to keep a close watch.
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DeFiVeteran
· 1h ago
Will history repeat itself? We'll see the true colors next week.
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AirdropHustler
· 01-17 17:08
The curse of 2011, is it really going to repeat this time? I feel a bit nervous looking at this data...
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TokenomicsDetective
· 01-17 17:04
Will the history of 2011 repeat itself? We'll know by looking at next week's performance.
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RektButStillHere
· 01-17 17:02
2011 that wave crashing down was really brutal. Are they starting to use this tactic again now?
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gm_or_ngmi
· 01-17 16:58
Nah, this time is different. The market environment back in 2011 was completely different.
History may repeat itself, but the rhythm has definitely changed... It depends on the central bank's actions.
Is silver going to crash? Let's wait and see next week's trend.
SLV just hit a key milestone - weekly volume reached 716.98 million shares, marking the strongest week since silver peaked back in 2011. For context, that top saw 757.62 million shares change hands. Here's what caught my eye though: the week after that 2011 peak, things got ugly. Volume exploded to 1.07 billion shares as sellers dominated. If we're seeing history repeat and next week prints another heavy down move with expanded volume, it could signal serious downside pressure. Classic technical setup worth watching closely.