$XAG 120 is the resistance level for silver. The market makers are indeed aggressive—pulling hard and smashing fiercely—so short-term traders are definitely struggling. But if you're trading larger timeframes, this level of volatility actually demonstrates the silver age—without shaking at the top, where does the room for movement come from?

From a macro structure perspective, the bow-and-arrow pattern itself represents intensified fluctuations, and washout consolidation is completely normal. The 8-line 115 has already been reached, but the 9-line hasn't been touched—does that mean the move is over? Not necessarily. Until we break the previous high, I can only treat it as range-bound trading. My system only recognizes numbers, not news. It goes wherever the market takes it.

The key resistance now is still the 92 line being repeatedly tested, with 98.56 above being the strongest peak line. Scenario 1's expectation has already played out, with a perfect spike touching the peak volume position; Scenario 2 is stuck near the 8-line halfway point on a larger timeframe. If we actually reach the 117-124 zone, then that's the area where sentiment ignites again.

The question is simple:
If we really reach 117-124, do you exit?
Do you feel "breakeven hallelujah," or do you think a new cycle is just beginning?

I believe it's the beginning of a new cycle.

Different positions mean completely different mindsets.

For me, until we break a new high, it's just range-bound trading; if we truly break it, then we talk about trend continuation. Everything else, let the numbers do the talking.
#加密市场上涨