Group 1 - The core viewpoint is that the upward momentum of silver prices is driven by sustained industrial demand, increasing retail investor interest, safe-haven appeal, and a growing structural supply deficit [1] - The photovoltaic industry is identified as the main driver of demand growth, with silver consumption increasing due to technological advancements in solar cell production [1] - Traditional P-type PERC cells consume about 10 mg of silver per watt, while N-type TOPCon cells consume 13 mg, and HJT cells exceed 22 mg, indicating a potential increase in silver consumption by 30% to 100% due to technology iterations [1] Group 2 - The market is currently focused on the upcoming two-day FOMC meeting, with expectations for the Federal Reserve's decision to impact the dollar and non-yielding silver [2] - Jerome Powell's statements will be closely monitored for clues regarding future policy directions, which could influence silver prices [2] Group 3 - Silver prices remain above the rising 50-day EMA, indicating a strong upward trend, with short-term moving averages showing steep slopes [3] - The 14-day RSI is at 80.24, indicating an overbought condition, suggesting that silver prices may need to pause or undergo a technical correction [3] - Initial support is aligned with the 9-day EMA at $96.32, with further support at the psychological level of $96.00, indicating that any pullbacks within this range should be viewed as corrective [3]