白银创纪录上涨，分析师建议：是时候获利了结了

Core Viewpoint - Analysts suggest that after a record surge, silver prices need a breather, indicating a potential market correction ahead [2][3][5] Group 1: Impulsive Surge Detachment from Fundamentals - Despite existing macroeconomic and supply-demand factors that previously drove silver prices up, the current surge is characterized as "impulsive" and largely disconnected from real-world economic conditions [3][9] - The recent price increase appears to exceed what fundamental factors can support, with the rebound occurring in a manner that lacks broad market logic [8][10] - Analysts warn that the U.S. deficit situation has not materially changed, and other assets traditionally seen as hedges against currency devaluation, such as Bitcoin and stock indices, have lost direction [9] Group 2: Historical Data Indicates Weak Future Returns - Historical data suggests that after experiencing a 100% increase in a single year, assets typically face weaker returns in subsequent years [4][12] - Analysts note that while such strong annual returns are rare, they often lead to lackluster performance in the following year, indicating potential challenges ahead for silver [12] - Recommendations include selling silver and large tech stocks as investors approach 2026, while maintaining positions in gold for those seeking to hedge against currency devaluation [13] Group 3: Technical Indicators Show Overbought Conditions - Technical analysis indicates that the Relative Strength Index (RSI) for silver has reached 68, nearing overbought territory, suggesting a potential price correction [14] - The 50-day moving average for silver is currently above the 200-day moving average, reinforcing the notion of an overbought state [14] - Analysts recommend that investors consider locking in profits and waiting for a market pullback before re-entering [15]