Recently, gold prices have reached historical highs, with a significant increase this year, while Bitcoin has performed relatively weakly during the same period, even showing negative returns. This reflects gold's stronger attributes as a safe-haven asset, while Bitcoin relies more on the global liquidity environment.
Market Environment and Capital Flows
The current market is in a liquidity tightening cycle, with institutional funds continuously flowing out of Bitcoin ETFs, increasing pressure on miners, and a decline in overall network computing power. In the short term, Bitcoin faces considerable cost pressure.
Technical Aspects and Price Volatility
In the past 24 hours, Bitcoin's price has fluctuated between 87051.52 and 90588.23, showing an overall downward trend with significant volatility. The current price is close to resistance levels, so short-term risks need to be monitored. Bitcoin's unique advantage lies in its high volatility; once liquidity is released, the rebound potential is strong. $BTC
BTCUSDT
Perp
87,517.6
-2.04%
ETHUSDT
Perp
2,924.74
-3.50%