Friends who have been closely watching the market recently may have noticed—Bitcoin and gold are moving in completely opposite rhythms. Data shows that their correlation has dropped below -0.6, indicating a quite significant negative correlation.
Ultimately, it all comes down to one sentence: as long as gold is rising, money in the crypto world is being drained away. The current uncertainty in trade policies has led institutions and retail investors to sell off high-risk assets (cryptocurrencies) and turn to traditional safe-haven assets (gold, silver). The logic is clear—risk assets and safe-haven assets are competing for the same pool of funds.
So the current strategy is to wait. Wait for gold to start consolidating, wait for those candlestick patterns that show obvious weakening of the upward momentum—that's when it's time to pick up bargains. The opportunity to buy low on BTC and altcoins is hidden in the moment when gold loses its appeal.
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WhaleMistaker
· 01-21 04:50
Golden Vampire, huh? Now I understand why I've been getting cut so badly recently...
Wait for gold to bleed out before taking action. I agree with this logic; anyway, it's a gift to act now.
-0.6 negative correlation, in plain terms, means institutions are harvesting our leeks to buy gold bars, which is outrageous.
I won't watch the market if gold isn't sideways, to avoid getting beaten up every day.
This wave is indeed a carnival for safe-haven funds; we can only wait for the show to end.
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GateUser-c799715c
· 01-21 04:46
Golden Vampire... This time it's really a battle with the coins. Looking at the data—-0.6 is almost reversing, damn it.
Wait and see. Anyway, chasing highs now is just throwing money away. As long as gold isn't weak, the coins won't turn around.
How long will this risk-avoidance wave last? It seems we have to wait until the trade rumors pass.
True brothers who are buying low are definitely eating dirt now, but when the opportunity comes, they'll be instantly rich.
Gold sideways movement is a signal; otherwise, it's better to stay still than act now.
A bunch of people are waiting for that inflection point, betting on when gold will fall out of favor, haha.
Waiting, waiting—that's the main theme right now... so annoying.
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ProtocolRebel
· 01-21 04:30
The golden vampire has drained the crypto world dry, this wave is really tough
Wait until the gold market is tired, then we'll get back in. Acting now is like catching a flying knife
What does a -0.6 negative correlation mean? It indicates institutions are harvesting retail investors
I bet gold will stall at some point, and when that happens, BTC will rebound strongly
This round of risk aversion is truly outrageous, traditional finance has caused the crypto community to collectively lie flat
Friends who have been closely watching the market recently may have noticed—Bitcoin and gold are moving in completely opposite rhythms. Data shows that their correlation has dropped below -0.6, indicating a quite significant negative correlation.
Ultimately, it all comes down to one sentence: as long as gold is rising, money in the crypto world is being drained away. The current uncertainty in trade policies has led institutions and retail investors to sell off high-risk assets (cryptocurrencies) and turn to traditional safe-haven assets (gold, silver). The logic is clear—risk assets and safe-haven assets are competing for the same pool of funds.
So the current strategy is to wait. Wait for gold to start consolidating, wait for those candlestick patterns that show obvious weakening of the upward momentum—that's when it's time to pick up bargains. The opportunity to buy low on BTC and altcoins is hidden in the moment when gold loses its appeal.