Amidst the irresistible surge in gold, silver, and platinum prices, a hidden opportunity has emerged in the crypto market. Gold breaking through $5100 and silver breaking through $107 are among the clearest signals in the market: Funds are insuring against "systemic uncertainty"; the risks of a strengthening precious metals market are being repriced. While this is a clear short-term drag on BTC, as precious metal prices continue to rise and risks emerge, even exceeding the risk level of BTC as a risky asset, the market will reassess fund flows, and the undervalued assets will manifest in a retaliatory manner. Currently, only liquidity is being drained, and the "political risk premium" is rising in the macro environment. While last night's sharp drop has partially released panic, "macroeconomic uncertainty" remains, indicating a typical "wait and see" phase. In terms of trading strategy, shorting is stronger than going long in the short term; smart money will likely take significant losses. $BTC $PAXG