Something doesn't feel quite right, brothers, maybe a change is coming.


The normal logic is that Bitcoin and gold have opposite properties; the crypto market is for risk investment, and gold is for hedging.
So when war breaks out, gold rises, and Bitcoin falls.
But due to the relationship between oil and the dollar, the blockade of the Strait of Hormuz caused oil prices to rise, the dollar to strengthen, temporarily aligning Bitcoin and gold in a united front, so recently gold and Bitcoin moved together, rising and falling together.
Now gold and the crypto market are starting to move inversely again, with Bitcoin weakening and gold rising.
Since ancient times, the saying "when cannons roar, gold is worth a thousand taels" has been an eternal truth, and now gold is beginning to strengthen again.
Based on timing, the third U.S. aircraft carrier has already arrived near the Strait of Hormuz, and preparations for war should be nearly complete.
Let's think again about why gold is starting to decouple from Bitcoin this time.
There are only two possible scenarios:
First, the oil issue is resolved. The main reason for Bitcoin and gold's recent partnership is oil, unless oil supply reaches roughly the level of the US-Iran conflict.
I personally think this is possible but less likely.
Second, there is a more serious geopolitical conflict, such as a full-scale war.
I previously posted an article about the US-Iran preparations during this period; you can look up past posts for details.
Now, timing-wise, the third U.S. aircraft carrier has also arrived near the Strait of Hormuz.
The U.S. side's war preparations should be nearly complete.
In summary, once the war truly breaks out, the crypto market will still move inversely to gold.
So this time, with gold strengthening and the crypto market weakening, we need to be alert.
At least, avoid continuing to go long; once the war breaks out, Bitcoin will start to fall.
Breaking through a key price level could trigger a death spiral—longs getting liquidated continuously, forming shorts, and the bears gaining unprecedented strength, with funds fleeing, causing a stampede.
Then the previously mentioned big crash will arrive.
Of course, brothers, most of us doing intraday trading don't need to panic too much; set stop-losses, trade lightly, and try to avoid trading this weekend.
BTC-1.34%
ETH-1.97%
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