๐ฅThe more gold rises, the more vigilant I become.
Looking back at history reveals an uncomfortable pattern: almost every major bull market in gold has been accompanied by a systemic crisis.
๐ Let's review a few key points:
In the 1970s, before and after the oil crisis, gold surged wildly, then was reshuffled.
During the 2008 subprime mortgage crisis, gold similarly was pushed to new heights amid panic.
The current question is: will the beautiful country's dollar trend towards long-term depreciation, or will it follow the old routine of "buying expectations and selling facts"?
โ ๏ธ Here are two practical reminders:
1๏ธโฃ Short-term may not be safe.
When a crisis truly erupts, the market's first reaction is often to sell everything and convert to cash.
Gold may also be sold off, dropping for a while before entering an extreme market. Chasing highs carries significant risks.
2๏ธโฃ Don't just focus on gold.
A crisis is both a "danger" and an "opportunity."
Real opportunities often arise from quality assets that are wrongly sold off in panic, dropping out of "blood-stained chips."
๐ Impact on the crypto market (must be clear):
Short-term: If risk-averse sentiment continues to rise, risk assets like BTC may come under pressure.
Mid-term: Once the market questions the fiat currency system, the narrative of Bitcoin as a "non-sovereign asset" will be amplified again.
The key variable remains: liquidity, not sentiment.
๐ง My core viewpoint:
Currently, gold,
๐ is rising due to risk aversion
๐ is being bought out of panic.
The real danger is not the panic itself,
but rushing in to take the last baton during the wildest celebrations.
๐ Conclusion in one sentence:
The wild rise of gold resembles a warning rather than a signal for mindless buying.
Maintain cash, maintain patience,
opportunities often appear at the bloodiest times, not the liveliest times.
#ๅ ๅฏๅธๅบ่งๅฏ #ๆฏ็นๅธVSไปฃๅธๅ้ป้ #frax #STO #VANRY $DUSK $ME $BTC