#现货黄金再创新高

Gold reaching new highs is actually a form of "psychological training" for BTC.

Gold broke through 4381.4 USD, seemingly unrelated to BTC, but in reality, it is quietly doing something very important: 
👉 repeatedly reminding everyone: the certainty in this world is truly becoming less and less.

When the "risk-free interest rate" is no longer risk-free, and the credit of currency is repeatedly overdrawn, gold, as an asset that "promises nothing but always exists," will naturally be in demand.

The logic of BTC is essentially a different version on the same line as gold.

One is old-school defense, and the other is new-school offense.
At this stage, BTC's performance is not as good as gold, which does not represent failure, but rather that the market has not yet reached the step of "daring to take higher risks."
As gold continues to reach new highs and yield expectations are compressed, capital will certainly ask: "I have already accepted the world's uncertainties, can I earn a bit more?"

At this time, the hedging properties of BTC will truly manifest.

Therefore, the new high in gold is not the opposite of BTC, but rather a stepping stone for BTC's sentiment. Without the panic pricing earlier, there would be no risk release later.