#数字资产市场动态 $BTC sideways movement behind the truth: Precious metals rise, crypto assets gather strength

This recent market movement is interesting. Bitcoin has fallen over 30% from its peak, while gold and silver are soaring—this is not a coincidence but a replay of the old market rotation pattern.

A look at history makes it clear. During the stock market crash in March 2020, the Federal Reserve directly injected liquidity, causing gold to surge from $1450 to $2075, and silver from $12 to $29. Where was $BTC at that time? It was repeatedly trading in the $9000-$12000 range, consolidating for five months—funds all flowed into traditional safe-haven assets, and crypto had yet to catch up.

Five months later, in August, precious metals peaked. Money started shifting, and a large influx of funds moved into risk assets. Bitcoin took off from $12000 directly to $64800, a 5.5x increase. The total crypto market cap also skyrocketed by 8 times—that was a real market rally.

And now? History is repeating itself. Gold is approaching a new high of $4550, and silver has hit $80. $BTC has once again chosen sideways movement, recreating the scene from mid-2020. The big liquidation on October 10 and the actions in March 2020 are eerily similar, after which Bitcoin began low-frequency oscillations—that’s a signal.

But this time, there’s a difference from last time. The 2026 window is different: the Fed is restarting liquidity releases, continuing rate cuts, the SLR exemption is implemented, crypto regulatory frameworks are becoming clearer, and spot ETF expansions continue—catalysts are stacking densely. In 2020, liquidity was the sole driver; this round, there’s not only liquidity but also structural optimization, offering greater imagination space.

The key judgment is simple: the strength of gold and silver has never been a bearish signal for crypto; rather, it’s a precursor to a start. Once precious metals stop rising, funds will free up, and the baton will pass to crypto assets. Bitcoin’s current sideways movement is not the beginning of a bear market but the calm before the storm. The buildup is right here.