The 12/28/25 blog “Parabolic Silver – December 2025” compared the current Silver boom with the Silver mania from late 1979 to early 1980. Noting that to match the percentage gain of the January 1980 silver top, price could peak around 137.00. Silver reached 121.64 on 01/29/26 then crashed.
The 01/25/26 blog “Welcome to Parabolic City” noted that Silver could peak on the cusp of a new month 01/30/25. Also noted was a Full Moon on Sunday 02/01/26. Sometimes markets could turn on Full/New Moons plus or minus two trading days. The top on 01/29/26 was within leeway of a lunar signal.
The monthly Silver in U.S. Dollars chart courtesy of Trading View examines the long-term view.

The current Silver peak came close to an exact forty – six-year anniversary of the January 1980 peak. Monthly RSI was the second highest since 1980.

There was a significant hourly RSI bearish divergence at the 01/29/26 peak.
The 39% two – day crash is spectacular! There’s a very high probability the Silver bull mania has ended, and a multi-month bear market has begun.
If a short-term bottom is in place, there could be a bounce to either a .382 or .618 retracement of the crash.