⚠️ Gold has skyrocketed (yellow line), Bitcoin has plummeted (blue line), and the current BTC/gold ratio (red line) has fallen to its long-term support level since 2020—— From the perspective of financial behavior itself, it is a phased return of risk preference funds to the old safe haven channel. This type of migration has repeatedly occurred in history: Crisis in 2008: funds from stocks to treasury bond European debt crisis: funds shift from European stocks to US dollar assets At the beginning of the epidemic: funds shifted from all risk assets to cash Every time, there is an extreme shift first, followed by mean correction. Think of the Nasdaq foam in 2000, when the ratio to S&P fell for years in succession. The mainstream view is that the valuation system of technology stocks has been permanently destroyed. As a result, 10 years later, the Nasdaq became a long-term leading indicator; Looking back at 2011-2015, the ratio of gold to stocks continued to weaken, and the macro community unanimously believed that the ten-year bull market in gold had ended and financial assets had regained control. Later, as the world entered a cycle of zero interest rates and unlimited balance sheet expansion, gold remained the hardest choice So it's okay, family. Find a sense of self and stick to your heart. All the storms are worth it—— Looking at the trend of the chart, we are about to usher in a recovery and upward trend! Have confidence! BTC