$XAG Spot big orders net inflow: going flat and resetting to zero. Not a single real cash position is willing to enter the market at all. This price action is basically just stoking sentiment—it’s “dry cooking” emotions. I’ll pour cold water on it when we meet face to face. The main forces never really pumped money into the spot market at all. A zero net inflow is evidence in plain view, a declaration. Any rebound without a stepping stone is just flimsy, paper-made. Futures open interest is shrinking in sync; even the bulls can’t even push their positions out. This market can’t hold up for a whole trading segment.