2:21 p. m.
New York.
The price of Silver returns to 31.95 US Dollar.
It's only the last five cents away from 32 US Dollar.
No one spoke on the trading floor.
Everyone's eyes are focused on the constantly beating price line.
31.96.
31.97.
31.98.
Buying Pressure are piled up layer by layer.
Chen Mo is wearing headphones and his hand is already on the transaction key.
He didn't rush.
Because Zhao Chen has not ordered yet.
Zhao Chen stared at the handicap.
At this moment, what he was looking at was no longer Silver itself.
It's the behavior of the market.
Order quantity.
Transaction speed.
Active buying ratio.
Options Implied Volatility.
And how long the price can stay after each surge.
Thirty seconds.
One minute.
Two minutes.
The price has never exceeded 32 US Dollar.
Chen Mo asked in a low voice:
"Are you still waiting?"
Zhao Chen nodded.
"Wait."
"Not yet..."
Just then.
A huge active buying order suddenly appeared.
Silver price jumps instantly.
32.01.
32.05.
32.08.
The market finally broke through 32 US Dollar.
The numbers on the financial terminal turned red almost at the same time.
The CNBC live broadcast screen switches immediately.
The host's voice rose significantly.
"Silver has crossed the thirty-two dollar level..."
Social media is abuzz again.
Those who were discussing the callback just now started discussing 35 US Dollar in an instant.
Someone re-buys Call.
Someone Add Position.
Some people think that 32 US Dollar is just a new starting point.
Zhao Chen looked at this scene.
Finally spoke.
"Start."
Chen Mo didn't ask.
The fingers fell directly.
Phase Three The first batch of sell orders entered the market.
It's still a split order.
Still Six SPVs.
There are still no obvious traces of transactions left in any account.
First transaction.
The second stroke.
The third stroke.
The market is still rising.
32.11.
32.16.
32.20.
But their positions are decreasing little by little.
Su Wantang stood aside and looked at the decreasing number of positions.
"This time the speed is faster than the previous two times."
"Because the liquidity is enough."
Zhao Chen said.
"People who are buying now are not buying Silver."
"You're buying a story."
She looked at the screen.
"What story?"
Zhao Chen said lightly:
"Silver will continue to rise."
"As long as the story holds true, we can withdraw."
2:36 pm.
Silver rushed to 32.28 US Dollar.
Phase Three The first batch of positions is completed.
Chen Mo Quick report:
"First batch exit completed."
"The remaining positions have dropped to about 18% of the original level."
Zhao Chen nodded.
"Stop first."
Chen Mo took a look.
"Stop?"
"Wait a minute!"
"What are you waiting for?"
Zhao Chen has no answer.
He transferred Capital Flow Model of Research Institute to the home screen.
A curve is changing.
The price of Silver is still reaching new highs.
However, the growth rate of active buying funds has slowed down significantly.
Shen Zhiyi found out soon.
"Prices hit new highs."
"But the active Buying Pressure did not hit a new high simultaneously."
Zhao Chen nodded.
"This is what we've been waiting for."
She looked at the board.
"The divergence is beginning to form."
"Yes."
Zhao Chen said.
"Who is still buying now?"
Shen Zhiyi Quickly view data.
"Retail investors still dominate."
"Institutions' active pursuit of rising prices has been significantly reduced."
"Market Maker Hedging demand has also begun to decline."
Zhao Chen did not continue to speak.
He knows.
The real top may not appear immediately.
But for them, it's enough.
Because they never asked to sell at the highest point.
They just need to complete the majority of their exits before the market diverges from Euphoria.
2:48 pm.
Silver suddenly rushed to 32.35 US Dollar.
Then stop.
32.34.
32.31.
32.28.
For the first time, three consecutive upward attempts failed.
The handicap began to show obvious Selling Pressure.
Emotions on social media remain high.
Someone shouted 35 US Dollar.
Someone shouted 40 US Dollar.
Some people have even started discussing 50 US Dollar.
Su Wantang looked at the information and said softly:
"The price has started to falter, but they are more optimistic than before."
Zhao Chen nodded.
"Because they see the target."
"What we're seeing is liquidity."
He turned around.
"Chen Mo."
"Here."
"Second batch."
"Exit half of the remaining positions."
Chen Mo Execute immediately.
This time, transactions were completed faster.
There are still enough Buying Pressure on the market.
A large number of retail investors are chasing calls above 32 US Dollar.
They didn't even notice.
Just when I bought it.
Someone is selling them contracts that have multiplied several times.
Two minutes.
Five minutes.
Ten minutes.
Phase Three The second batch of positions decreased rapidly.
3:06 p. m.
Chen Mo looked at the background.
"Done."
"The remaining position is less than ten percent of the original size."
Zhao Chen said nothing.
He just stared at the price.
32.17.
32.09.
32.03.
Prices are slowly coming back down.
But it didn't really fall below 32 US Dollar.
Chen Mo asked:
"Will the last bit be cleared now?"
Zhao Chen shook his head.
"No."
"Why?"
"This last part is not about making more money."
"It's to validate the market."
Shen Zhiyi looked at him.
Zhao Chen continued:
"If 32 US Dollar can become support again."
"It shows that the market still has its last round of sentiment."
"If 32 US Dollar falls."
"Then go straight to final clearance."
Chen Mo nodded.
The trading desk became quiet again.
3:22 pm.
Silver returns to 32.18 US Dollar.
The market appears Buying Pressure again.
After 31.98, it was quickly pulled back above 32 US Dollar.
Shen Zhiyi looked at Model.
"There are still people picking up."
Zhao Chen nodded.
"The last emotion is still there."
"So there's no rush now."
Silver regains its footing32.10 US Dollar.
Chen Mo asked:
"What to do with the last position?"
Zhao Chen glanced at the time.
"I won't chase the highest today."
"Save the last batch for the next significant retracement."
"Understood."
"And."
Zhao Chen added:
"Recheck the final liquidation instructions of all SPVs."
Chen Mo was stunned.
"Prepare everything tonight?"
"Yes."
Zhao Chen's voice is calm.
"There are enough opportunities."
"There is no need to create chances next."
"Just wait for the market to open the last door."
3:41 pm.
Lin Shicheng sent a message again.
Shen Zhiyi Open the terminal.
"Nickel."
Zhao Chen turned around.
"Say."
"Today's warehousing delivery has been completed."
"No exception."
"Total inventories continue to increase."
Zhao Chen asked:
"Has the market noticed?"
"Not yet."
"External media?"
"All attention is on Silver."
Zhao Chen nodded.
"Very good."
Su Wantang looked at him.
"You've always cared so much about Nickel."
"Because Silver is today."
Zhao Chen looked out the window.
"Nickel is not."
He did not continue to explain.
While everyone's attention is focused on Silver, those industrial metals scattered and stored in different locations are gradually turning into truly valuable chips in the future.
But now is not the time for it to appear.
4:02 pm.
The price of Silver fell below 32 US Dollar again.
31.96.
31.91.
31.87.
This time, I didn't pull him back immediately.
Research Institute Model There are new changes at the same time.
Shen Zhiyi whispered:
"Active Buying Pressure began to decline significantly."
Zhao Chen took a look.
"Keep watching."
One minute.
Two minutes.
Three minutes.
The price has not returned to 32 US Dollar.
Chen Mo asked:
"The last batch?"
Zhao Chen was silent for a moment.
Then he shook his head.
"Don't move for today."
Everyone looked at him.
Zhao Chen explains:
"Most of the exits have been completed today."
"There is no need to grab the remaining positions."
"We're waiting for a real pullback."
He looked at the screen.
31.82.
31.76.
31.71.
The price starts to slowly move downward.
"The market needs a real divergence."
"Only then will the final liquidity emerge."
Chen Mo nodded.
Lock the last batch of positions.
Background data display:
Most of Six SPVs's Silver Options have been cashed out.
The rest is just the last small part of the remote position.
And this part of the position will become their final exit bargaining chip.
Zhao Chen stood up.
"We're here today."
Su Wantang asked:
"What about tomorrow?"
Zhao Chen glanced at Silver.
"Tomorrow, let's see what price the market is willing to give us."
He turned and left the trading desk.
Go to the window.
Manhattan The sunset has begun to set.
Financial markets still haven't stopped.
Silver is still fluctuating violently.
The media is still discussing 32 US Dollar.
Retail investors still believe that the next round of gains is about to begin.
But in the trading system of Era Vanguard, a number has quietly changed.
Silver position: less than 10% remaining.
Zhao Chen took a look.
No smile.
Just said softly:
"Last Liquidity."
"Already found."
And the real clearance.
Only one final retracement is left.