When spot gold breaks through $5000/oz, it indicates that global risk assets are depreciating simultaneously, with war and trade conflicts intensifying. Capital will only flow back into safe-haven assets—gold rises alone, while everything else falls. Under this macro background, Bitcoin and other crypto assets will continue to face sell-offs, and the downward trend has been firmly established.
Trading idea: Follow the trend. Continue shorting BTC around 88,000; shorting will make profits faster!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC Main Force Rhythm Update:
When spot gold breaks through $5000/oz, it indicates that global risk assets are depreciating simultaneously, with war and trade conflicts intensifying. Capital will only flow back into safe-haven assets—gold rises alone, while everything else falls.
Under this macro background, Bitcoin and other crypto assets will continue to face sell-offs, and the downward trend has been firmly established.
Trading idea: Follow the trend. Continue shorting BTC around 88,000; shorting will make profits faster!