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 world is high-risk investment, gold is a safe haven.
So when war breaks out, gold rises, Bitcoin falls.
But due to the relationship between oil and the dollar, the Strait of Hormuz blockade causes oil prices to rise, the dollar to strengthen, temporarily aligning Bitcoin and gold in the same camp, so recently gold and Bitcoin moved together up and down.
Now gold and the crypto market are starting to diverge again, Bitcoin weakens, gold rises.
Since ancient times, the sound of cannons and the eternal truth of gold being worth thousands of taels, gold is starting to strengthen again.
Based on timing, the U.S. third aircraft carrier has already arrived near the Strait of Hormuz, and pre-war preparations should be nearly complete.
Now let's think 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 moving together this time 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.
Based on timing, the third U.S. aircraft carrier has also arrived near the Strait of Hormuz.
Pre-war preparations on the U.S. side should be nearly complete.
In summary, once the war truly breaks out, the crypto market will still move opposite to gold.
So this time, with gold strengthening and the crypto market weakening, we need to be alert.
At least stop going long; once the war erupts, Bitcoin will start to decline.
Breaking through a key price level could trigger a death spiral—longs keep getting liquidated, forming shorts, and the bears gain unprecedented strength, funds fleeing, causing a stampede.
Then the previously mentioned big crash will happen.
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.
ETH-2.4%
BTC-1.99%
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