#数字资产市场观察 Recently, looking at the trend of gold, the underlying logic is actually quite clear. The rhythm of global economic recovery is fundamentally asynchronous; Europe and the United States are one story, while emerging markets have a different narrative. On top of that, geopolitical issues pop up from time to time, and risk aversion sentiment can arise suddenly.

More importantly, the market is betting that major central banks will begin a rate-cutting cycle. Once the US dollar weakens, gold's appeal as a non-US asset will immediately rise. Look at the actions of central banks around the world in the past few years, they have been hoarding gold like crazy, and it hasn't stopped at all—this kind of institutional buying, in the long run, is essentially providing a floor for gold.

In this macro environment, it is highly likely that gold will remain strong. For ordinary people, moderately allocating to gold-related assets can both hedge against market volatility risks and seize the opportunity window of this cycle. After all, the saying "in chaotic times, hide gold" still applies today.