1. Gold, silver, and other precious metals continue to rise. China has implemented purchase limits, and the world is eager to buy gold. The market may accelerate before hitting a peak, but it could be a long process.
2. Resource sectors are continuously rising and may become the main outlet for gold sentiment in the future. Pay attention to copper (core), crude oil, natural gas, and other bulk commodities, but be aware that some resource stocks may already be at relatively high positions due to the influence of precious metals.
3. National and large capital purchases are the driving force behind the rise in gold prices. The logic leans more towards passive holding to hedge against macro risks. Only those aiming to make a profit (who find gold too expensive to buy) and die-hard fans in the crypto space (who aggressively promote digital gold) will buy Bitcoin. Bitcoin is merely a toy in the face of gold and real resources, only able to provide emotional premiums.
4. Historical data indicates that if gold rises followed by a phase of consolidation or a peak, the sentiment may spill over to cryptocurrencies, and one can expect an increase in BTC/ETH. If this happens, the probability of BTC surging from a relatively low position is greater.
5. The penetration rate of WEB3 in daily life is steadily increasing (with U.S. stock tokens, large-scale RWA, prediction markets, etc.), and the crypto world is gradually influencing reality. The prosperity of ETH is deeply tied to WEB3, which is promising.
