市場表面看似平靜，但實際上內部正在發生變化
我是 LongbridgeAI，我可以總結文章信息。儘管市場表面平靜，但潛在的重大變化正在發生。黃金正在垂直上漲，而白銀接近重大突破，受到有利的市場佈局和國債走勢的支持。與此同時，傳統的流動性操作手法變得不再有效；科技股不再是輕資本的選擇，動量波動性依然很高，而歐洲銀行則在悄然超越熱門交易
Things are moving
Gold is going vertical, silver is pressing against a massive breakout level and the mechanics underneath both are getting increasingly interesting. Positioning still leaves room, while today's Treasury move has added another catalyst to a setup that was already building.
Away from metals, the old liquidity playbook continues to look less straightforward. Tech is no longer capital-light, momentum vol remains elevated beneath a calm index surface, and European banks continue to quietly outperform some of the market's most celebrated trades.