# Current Gold and Silver Plunging Over 6%, Compounded with US Stock Decline

This is a typical macro liquidity drainage triggering a liquidity crisis
Forced indiscriminate liquidation of high-liquidity assets to raise cash
Not a fundamental issue
BTC is passively following the decline, macro funds experiencing massive outflows
As a high-risk asset, it's impossible to remain unaffected
Inevitable contagion selling is bound to occur
Currently 68K is barely holding, but if US stocks continue deteriorating at market open
Once it breaks below 68K, it will directly trigger massive long liquidation orders below, sparking cascading liquidations and accelerated downward wicking
Current strategy focuses on stability, don't bet on 68K holding
Patiently wait for large-scale liquidations across the network
When funding rates turn negative across the board, marking the emotional extreme
After panic selling completes
When the bottom forms a long lower wick
That's the best opportunity to buy the dip (Chen Jiaguan)