$XAG closed the week reacting once again from the 72–75 demand zone.
After the sharp drop toward ~74, buyers stepped in quickly and pushed price back toward 77–78 into the weekly close. The repeated defense of this purple zone shows it remains key support. As long as silver holds above 72–75, a rotation back toward 82–85 is possible. A clean breakdown below 72 would open the door for a deeper move toward 68–70.
Stablecoin dominance spent the week consolidating near the highs around 11.37%, after the explosive run and spike into the 12% zone. This week’s candles show hesitation, but importantly, no real breakdown, meaning liquidity is still parked in stables and risk is being rationed.
Hold above 11.0% keeps the market in a risk-off posture and typically suppresses broad altcoin strength. A push through 11.5% strengthens that bias. A drop back below 11.0% would be the first meaningful shift toward risk-on, signaling stables are being deployed back into the market.