#以太坊大户持仓变化 $BTC $ETH $SUI

The precious metals market is ushering in a new wave of行情? Market research analysts recently made a bold prediction: by 2026, the average gold price is expected to reach $4,538, with a chance to hit the $5,000 mark, and silver is even poised to surge to a historic high of $309.

The logic behind this is worth pondering. From the supply side, gold mining output has been declining, yet costs have been rising, which in turn has increased the profit margins for mining companies—expected to grow by up to 41%. The gold-silver ratio remains stuck at a relatively high level of 59, indicating that silver has room for a price catch-up.

Funding dynamics are also quietly changing. Currently, high-net-worth individuals allocate only 0.5% of their assets to gold, and central bank holdings are just 15%, still far from the ideal allocation of 30%. Recently, ETF inflows hit a five-year high, with retail investor enthusiasm clearly increasing, but the "main force" of institutional investors has yet to fully enter the market.

Here's an interesting calculation: as long as investment demand increases by 14%, $5,000 can be achieved; if demand surges by 55%, $8,000 might not be just a pipe dream. However, the suspense remains—once the Federal Reserve signals a rate cut, gold could react unexpectedly. Will 2026 mark a new high or a correction test? How do you see this行情?