The bearish resonance caused silver prices to plummet, with institutions believing that there is significant short-term resistance to further upward movement.

Since May, the domestic and international silver markets have seen increased volatility, showing an overall trend of rising and then falling. Both the London spot silver and Shanghai silver futures main contracts have experienced a process of quickly falling after reaching highs, with the latter once dropping below 18,000 yuan per kilogram after continuously rising and breaking through 22,000 yuan per kilogram. Market sentiment has also shifted from blind optimism to panic. Industry experts say that this silver price correction is the result of multiple bearish factors such as macroeconomic policies, geopolitical situations, and supply-demand relationships. The future market still faces significant uncertainty, with strong resistance to silver price increases in the short term and a relatively greater probability of fluctuating declines.