Silver went from ~$121 to ~$74, then settled around ~$78.
And you know what?
A COMEX report says JPMorgan closed their short positions at the absolute exact second it hit the bottom.
That's the EXACT level.
That timing isn't random.
Now connect the dots.
On Dec 2, 2025, the US banks had 17,838 silver futures short.
That's ~89.19M oz.
At ~$121, that's ~$10.8B in short notional.
That one fact explains a lot.
This is the same play you see in crypto.
- They push price to pull leverage in. - Then they dump it into thin liquidity. - Stops get clipped. - Longs get liquidated. - Then the cover happens into the panic.
THIS IS NOT GOOD AT ALL.
Between 2008 and 2016, five major banks were caught manipulating these markets.
The charges against them were as follows:
1: JPMorgan: $920M fine (2020) – Admitted wrongdoing.
2: Scotiabank: $127.5M fine (2020) – Fraudulent trading.
3: HSBC: $76.6M fine – Spoofing (2011–2020).
4: Deutsche Bank: $75.5M fine – Rigging (1999–2014).
5: Morgan Stanley: $1.5M fine – Spoofing (2013–2014).
Regulators eventually caught up to them, dropping convictions and fines as recently as 2025.
Now, with the 2026 crash, it looks like they might be doing the same bullshit again.
And now trust is breaking.
Watch the flows.
I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH.
The Trump administration will host banking and crypto leaders at the White House on Monday, February 2, 2026, aiming to break the Senate deadlock over the CLARITY Act.
Led by the White House crypto council, the meeting focuses on a key dispute: whether dollar-pegged stablecoins should be allowed to offer interest and rewards.
BITCOIN SHAKEOUT SPARKS PANIC ; BUT HISTORY SAYS THIS IS HOW BULL MARKETS ARE BUILT
Now step back. Every major Bitcoin run has been preceded by the same pattern: a violent flush that wipes out leverage, shaken confidence that convinces people it’s “over,” and a silent accumulation phase while attention fades.
That discomfort is what sets the foundation for the next expansion.
Pro-Bitcoin Kevin Warsh as next Fed chair. Binance announcement of $1 billion BTC buy. Bill passed to avoid US government shutdown. Crypto Bill passed the Senate AG.
All this has happened in the past 12 hours, and still the markets are dumping.
Does what’s happening with #DankDoge feel oddly familiar? That’s because it is.
We’ve seen this movie before almost scene by scene. Last year it was MOCO, now it’s the same old playbook: “Devs disappeared,” “CZ is secretly holding,” and the classic lure of multiple zeros.
This isn’t coincidence. It’s the same operators, new name, same game. Different soup, same medicine.
Dreams are fine but direction matters more than blind effort. When hype is carefully manufactured and sold as a “grassroots miracle,” emotions take over… and your capital often becomes someone else’s exit liquidity.
Instead of gambling on scripted narratives and high-risk plays, it’s smarter to go back to fundamentals: real value, real consensus.
Smart money isn’t chasing copy-paste memes. It’s staying with projects that have survived every market cycle and earned global trust#DOGE and #SHİB . These aren’t trends you can rewrite overnight. They’ve been tested, challenged, and still stand.
Choosing a path in crypto is choosing your outcome.
So the question is simple: Will you chase another short-lived myth… or stand with the true consensus of this era? 🚀 #Binance #BinanceSquareFamily
📌 Fed Interest Rate Decision (2 PM ET): The Fed is expected to hold rates steady at 3.5–3.75% after three cuts last year. Chair Powell speaks at 2:30 PM ET.
📌 President Trump (Iowa): Expected to highlight the economy and continue pushing for lower rates, though no public speech is confirmed today.