2026 Risk Warning: Will gold, silver, and the stock market follow in Bitcoin's footsteps?

【CryptoPunk】Commodity Strategy Analyst recently offered an interesting perspective—gold, silver, various metals, and US stocks may face the risk of overextension in 2026.

How to understand this? Look at Bitcoin and crude oil, and it becomes clear. Their decline in 2025 is driven by a common reason: they surged too rapidly. Although these rapid increases seem to be supported by fundamentals, the problem is—once the market gets overheated, it often triggers a series of chain reactions.

What exactly happens? Increased supply, suppressed demand, and eventually the market needs to correct itself. Traditional commodities like gold, silver, copper, along with the US stock market, are now showing similar overheat signals. Short-term gains are certainly exciting, but history tells us that such momentum is usually unsustainable. If this logic holds, these asset classes in 2026 should be approached with caution.