The market is now fermenting multiple risks
#黄金 directly crowned as the 'only consensus'!
Geopolitical tensions are escalating, threats of tariffs from the U.S. to Canada, military gatherings in the Middle East, the Greenland game, and deadlocked negotiations in Ukraine have completely ignited risk-averse sentiment.
Adding to this, with the loosening of U.S. dollar credit, the Federal Reserve chairman being investigated, and the independence of central banks being questioned, countries are accelerating their de-dollarization efforts, with central banks like Poland frantically buying gold, leading to a complete return of gold's monetary attributes.
In less than a month, spot gold surged from 4400 to over 5100, an increase of 700 dollars, with a year-to-date rise of over 18%, marking the most intense single month in over 40 years.
In contrast, #BTC is struggling to crawl in unfavorable conditions.
Having retreated nearly 30% from a high of 126,000, combined with expectations of a U.S. government shutdown, sentiment collapsed directly, plunging to 86,000 on Sunday night, hitting a new low since December last year.
Although it rebounded to around 88,000, to be honest, the bears still dominate.
The situation is worse for the imitation:
ETH broke below 3000, heading towards below 2900
BNB lost 875
XRP fell below 1.90
SOL / ADA / XMR collectively led the decline
The current market is no longer in the phase of 'buying with closed eyes',
but rather it only recognizes narratives and sees the extreme differentiation of funds.
This wave of decline is essentially a combination of macro shocks + leverage liquidation + issues with token value structure.
The adjustment rhythm is increasingly resembling historical bear markets.
If gold continues to drain resources, cryptocurrency in 2026 will only become more difficult—
with money all going to safe havens, where will there be so many bullets to drive the market up?
#美国伊朗对峙 #美联储利率决议
#黄金 directly crowned as the 'only consensus'!
Geopolitical tensions are escalating, threats of tariffs from the U.S. to Canada, military gatherings in the Middle East, the Greenland game, and deadlocked negotiations in Ukraine have completely ignited risk-averse sentiment.
Adding to this, with the loosening of U.S. dollar credit, the Federal Reserve chairman being investigated, and the independence of central banks being questioned, countries are accelerating their de-dollarization efforts, with central banks like Poland frantically buying gold, leading to a complete return of gold's monetary attributes.
In less than a month, spot gold surged from 4400 to over 5100, an increase of 700 dollars, with a year-to-date rise of over 18%, marking the most intense single month in over 40 years.
In contrast, #BTC is struggling to crawl in unfavorable conditions.
Having retreated nearly 30% from a high of 126,000, combined with expectations of a U.S. government shutdown, sentiment collapsed directly, plunging to 86,000 on Sunday night, hitting a new low since December last year.
Although it rebounded to around 88,000, to be honest, the bears still dominate.
The situation is worse for the imitation:
ETH broke below 3000, heading towards below 2900
BNB lost 875
XRP fell below 1.90
SOL / ADA / XMR collectively led the decline
The current market is no longer in the phase of 'buying with closed eyes',
but rather it only recognizes narratives and sees the extreme differentiation of funds.
This wave of decline is essentially a combination of macro shocks + leverage liquidation + issues with token value structure.
The adjustment rhythm is increasingly resembling historical bear markets.
If gold continues to drain resources, cryptocurrency in 2026 will only become more difficult—
with money all going to safe havens, where will there be so many bullets to drive the market up?
#美国伊朗对峙 #美联储利率决议