Recent geopolitical conflicts have instantly pushed the global markets into a state of high tension. Logically, precious metals should become the preferred safe haven, but reality has given us an unexpected twist—Bitcoin instead led the plunge, with its price once dropping below the 90,000 mark.

The key issue here is: what if the conflict escalates further, triggering a liquidity crisis? In extreme cases such as forced deleveraging in private equity or bank runs in small and medium-sized banks, gold and silver could also experience short-term declines. This is something many people did not anticipate.

But there is an important reassurance—The Federal Reserve has been actively injecting liquidity into the market. As long as this process continues without interruption, the rebound of precious metals could surpass all expectations.

The true reflection of market sentiment still lies in cryptocurrencies. Currently, Bitcoin has begun to recover gradually, indicating that there has not been a panic sell-off. As long as liquidity supply remains stable, the outlook for gold and silver next week remains promising.