COMEX白银溢价再度走阔、租赁利率飙升，现货库存枯竭下的挤仓推演：天量空单恐将引爆逼空行情；分析师同步预警波动性，参与行情需构建多重风控，38美元多空分水岭实战解析>>

Core Viewpoint - Silver has surpassed $39, indicating that the current price movement may just be the prelude to a bull market [1] Group 1 - COMEX silver premiums have widened again, and leasing rates have surged, suggesting increased demand and potential supply constraints [1] - The depletion of physical inventory is leading to a squeeze scenario, with a significant amount of short positions that could trigger a short squeeze [1] - Analysts are warning of increased volatility in the market, advising participants to implement multiple risk controls [1] Group 2 - The $38 level is identified as a critical support and resistance point for market participants, indicating a pivotal moment for both bulls and bears [1]