Platinum's been beaten down pretty hard lately—does it have legs to bounce back now? The industrial demand side looks weak, but with inflation concerns and central bank moves still in flux, you'd think safe-haven buying should kick in at some point. Spot prices sitting where they are, hard to tell if we're at a floor or if there's more downside before any real recovery plays. What's the catalyst that could actually move this thing higher?
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EternalMiner
· 34m ago
Platinum has indeed been hammered quite badly this time... Wait, with such weak industrial demand, what makes it rebound?
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OnchainDetectiveBing
· 01-14 00:41
If platinum can truly rebound this time, it depends on how the central bank messes around... Otherwise, it's just a trap.
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GasWaster
· 01-14 00:00
ngl platinum looks like a total value trap rn... keep waiting for that "safe haven" bid but honestly? haven't seen the flows yet. and don't even get me started on the spread costs if u wanna actually position this thing—might as well be paying bridge fees to move capital lmao
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AltcoinHunter
· 01-13 23:56
The platinum market has indeed been hammered this time, but I believe the real bottoming opportunity has arrived. Despite the weakness on the industrial side, safe asset buying will eventually pick up, depending on how the central bank proceeds. Currently, this level is a trap—either it continues to fall into a golden pit or it becomes the starting point for a doubling rally. Take a gamble?
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GateUser-2fce706c
· 01-13 23:53
When others are fearful, I am greedy. This wave of correction in platinum is the best opportunity to get in. I've said it before.
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CryptoFortuneTeller
· 01-13 23:34
The platinum's recent drop is quite sharp, I just can't figure out when it will rebound...
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FomoAnxiety
· 01-13 23:30
This wave of platinum is indeed bleak, but to be honest, I don't really see any genuine bottom signals... Let's wait until the central bank makes its move.
Platinum's been beaten down pretty hard lately—does it have legs to bounce back now? The industrial demand side looks weak, but with inflation concerns and central bank moves still in flux, you'd think safe-haven buying should kick in at some point. Spot prices sitting where they are, hard to tell if we're at a floor or if there's more downside before any real recovery plays. What's the catalyst that could actually move this thing higher?