Everyone who plays macro knows that silver has outperformed Bitcoin over the past 15 years, and this signal is strong enough. Money hasn't disappeared; it has all moved into gold and silver. Buffett is stockpiling silver; old money is moving, and this is a sign of a major cycle.

The current stage is very clear: a risk-avoidance phase. Gold is in the main upward wave, silver is rising along with it, and funds are withdrawing from high-risk assets, including cryptocurrencies. So don’t complain about crypto crashing; liquidity has been drained, which is normal.
But this is a good thing. The bull market in precious metals is the first stop in liquidity transfer, not the end. When gold and silver reach a point where even street vendors are discussing them, money will look for a new outlet. The next high-volatility, high-narrative, large-cap pool is crypto. Cycles don’t lie.
What to do now? Prepare in two ways:
1. Precious metals: the trend is still there, but don’t chase highs; wait for a pullback. This round is driven by monetary attributes, keep an eye on real interest rates and central bank purchases.
2. Crypto: don’t wait for the bull market to buy. Now is the window for dollar-cost averaging. Choose Bitcoin, Ethereum, and a few mainstream coins in the top ten by market cap. Buy the dips to accumulate chips. When the bull market arrives, you need to have holdings.
The only risk: if global liquidity truly collapses, all assets will fall. But at that time, cash is king, and holding gold and silver will also lose value. So the core is betting that central banks will eventually loosen monetary policy; the historical script hasn’t changed.
Hold onto cash, dollar-cost average into crypto, wait for the wind to come. In the second half of the cycle, crypto will be the stage for the show. #黄金白银再创新高