**Industry Perspective Contrast: Why Bitcoin's Rally Doesn't Require "Waiting" for Traditional Assets to Adjust**

The crypto market has long debated the relationship between Bitcoin and precious metals like gold and silver. Recently, Glassnode Chief Analyst James Check shared a "less mainstream" view on social media, directly stating that the common belief that Bitcoin must follow precious metals' corrections is a misunderstanding. In his opinion, such opposition stems from a lack of understanding of these assets' intrinsic nature.

This viewpoint also resonated with macroeconomist Lyn Alden. Recently, Lyn Alden explained a similar logic in a podcast—while the market generally views Bitcoin and gold as competitors, she believes this perspective is overly simplistic. Her analysis points out that the recent relative strength of Bitcoin compared to gold is fundamentally due to the asymmetry in their recent cycles: Bitcoin experienced a year-long sideways consolidation, while gold entered its most impressive phase in its cycle.

In other words, this is not a zero-sum game but a natural result of each asset being in different cycle stages.