Recently, gold and silver have been on the rise, and many people are celebrating the arrival of the "cash in while you sleep" era. But looking at it from a historical perspective, whenever these ultimate safe-haven assets surge collectively, it usually signals issues within the traditional economic system. Rising inflation expectations, tense geopolitical situations, loosening currency trust... capital is voting with its feet.

The Federal Reserve, the conductor of global liquidity, has also been somewhat unsettled lately. Trump publicly suggested that the Fed Chair might be adjusted in 2026, which directly relates to the monetary policy direction in the coming years. The current market is like walking a tightrope—less than a 50% chance of rate cuts in March, with every non-farm payroll and CPI report capable of stirring waves. U.S. stocks are oscillating at high levels, and Bitcoin is also undergoing repeated shakeouts, all stemming from the same core issue: funds are waiting for a clear direction.

Interestingly, the trends of traditional assets and cryptocurrencies are beginning to diverge. The upward push of gold is a typical safe-haven buying, while Bitcoin's consolidation reflects the market's cautious attitude toward liquidity flows. But this divergence won't last forever—when gold's gains peak, those seeking new consensus will inevitably look for the next exit. History repeatedly repeats itself: major market moves often dawn amid divergence.

So rather than fixating on price fluctuations, it’s better to focus on the bigger logic: how the rate cut expectations might reverse, the impact of a change in Fed power on global liquidity, and how capital reallocates assets. Opportunities are never scarce; what’s scarce is the vision to see through market noise.

What’s your take? Will Bitcoin become a safe-haven substitute for gold, or will it develop an entirely independent trajectory?