On my first day back home, I had dinner with my friends and found that the most discussed topic was the recent rise in the prices of gold and silver. Gold hit a new high in January, so that in itself is newsworthy and attractive. It triggered several key discussions: Safe-haven sentiment: When there is global economic uncertainty, geopolitical tension, or increased market volatility, gold’s traditional safe-haven properties attract a lot of attention, hence the saying “gold in troubled times.” Expectations regarding Federal Reserve policy: Changes in market expectations regarding Fed rate cuts directly affect the value of the dollar and real interest rates, and since gold is a non-interest-bearing asset, the two are closely related. Discussing gold is essentially discussing macroeconomic monetary policy. The current price is too high; those who want to invest should be as cautious as possible. On the contrary, the crypto has been too sluggish recently and desperately needs a rally to recover. We're looking forward to it.

BTC needs to quickly reclaim its gold reputation.