Comparing the performance of Korean stocks, A-shares, and cryptocurrencies during today's Asian trading session reveals an interesting phenomenon:
Asian stock markets are driven by risk aversion, drastically reducing tech stock valuations; while cryptocurrencies, as an alternative asset market within the dollar system, are following a return to risk appetite, with BTC and altcoins rising steadily.
Now is the time to rebalance positions and capitalize on the rebound opportunities in cryptocurrencies and US software stocks that have recently experienced sharp declines.
I finally understand: In turbulent times, the true preservers of value are neither gold nor silver, nor even Bitcoin. In turbulent times, the true preservers of value are only the US dollar, US Treasury bonds, and US stocks.