Recently, I looked at the trends of precious metals and Ethereum and would like to share some observations.

First, gold and silver have risen very quickly. The level of four or five thousand yuan has only been reached for three or four days, essentially just a spike. Although the market size is significant, looking at the next few trading days, it is mainly large institutional players offloading, and a震荡 downward trend is expected.

Now, regarding ETH. The pace in the second half of the year has clearly weakened, dropping directly from the 5000 level to fluctuate between 2700-3400. Afterwards, it may oscillate repeatedly within the 3100-2800 range, and before New Year's Day, the performance might be a sideways movement around the 2900-3000 price level. However, after this, there is a possibility of a continued upward trend in gold. Especially with the support of privacy technology, reaching 6000 in the first half of the year is not a dream.