The Bitcoin-silver exchange rate has fallen to around 780, approaching the bottoming level of Bitcoin in November 2022.

According to ME News, as of January 27th (UTC+8), the Bitcoin-to-silver exchange rate is approximately 780. This level is lower than the peak Bitcoin reached in 2017 when it hit $20,000, and is close to the level in November 2022, when the ratio dropped to around 700, and Bitcoin bottomed out near $15,500. This renewed convergence of the ratio suggests that silver may be entering a more vulnerable phase relative to Bitcoin. Historically, silver's cyclical tops tend to occur at the beginning of each year, mostly in the first half. This historical pattern poses a potential risk signal for the current price movement of silver. If history repeats itself, silver may have already reached the high point of this cycle, or even topped out. (Source: ME)