What kind of show has the market been playing these days? The Nasdaq leading the decline (-0.75%), with AI giants like NVIDIA dragging behind. The geopolitical situation's expectations have been readjusted, and investors' risk aversion sentiment is once again surging.

The most outrageous is precious metals. Silver just touched a new high of $84, then turned around and plummeted to $74. Gold prices also couldn't hold, breaking through the $4,500 level. This isn't a normal correction; it's a typical profit-taking retreat—liquidity was already tight, coupled with rumors of systemic important bank positions being wiped out, and panic sentiment was triggered.

But what are the crypto concept stocks doing on this side? MSTR and BMNR surprisingly resisted the decline, rising 0.29% and 0.28% respectively, unaffected by the weak market. The logic behind this is clear: BitMine keeps increasing ETH positions, while MSTR has long accumulated cash, giving these strategies valuation support beyond just BTC trends.

As the year-end approaches, it's easier to see what institutions are doing. When physical gold and silver face liquidity squeezes, crypto concept stocks can still hold steady, indicating some funds are quietly reallocating—preparing for the rebalancing of digital assets in early 2026.