Morning session silver surged, then plunged in the afternoon— we've seen this routine too many times. In a sentiment-driven market, it's all about calm waters. The truly valuable opportunities are rarely hidden in these surface noise.

**Surprisingly, gold was mispriced downward and then recovered, which precisely proves that its safe-haven and inflation-hedging logic remains solid.** The deeper signals behind this are even more interesting: every time traditional assets experience emotional sell-offs, Bitcoin's "digital gold" narrative is pushed into the spotlight. Especially now, with global central banks changing policies abruptly (like Japan suddenly hinting at aggressive rate hikes), Bitcoin's fixed supply and global consensus are being re-evaluated by some funds—as a tool to hedge against global macro risks.

Some hold more radical views: the real trigger for the next market surge may not be the 2025 halving, but a major global macro shift in 2026. In other words, all current volatility is a critical observation period.

**Practical tips to keep in mind:**
1. **Don’t be driven by emotions**: For high-volatility assets like silver, watching the market is smarter than participating.
2. **Focus on two indicators**: Gold trends reflect traditional safe-haven sentiment; whether Bitcoin can resist pressure and lead depends on the strength of the new asset narrative.
3. **Closely monitor macro transmission chains**: Non-farm payroll data and Federal Reserve policy changes will deeply influence the crypto market through the stock market chain. Short-term pressure may be setting the stage for larger expectations gaps.

**Right now, it’s a volatile market and a market of perceptions.** Will Bitcoin eventually move in tandem with risk assets, or can it stand out as a safe-haven asset? This is a question worth pondering.