In recent days, I’ve noticed an interesting phenomenon: gold’s sensitivity to the new tariff situation is significantly higher than that of BTC. Over the past few months, GOLD has outperformed BTC and stocks, although historically, such a situation occurs after a prolonged downturn in commodity assets. But I think this might just be the beginning — commodity assets are likely to become the most outstanding sector this year.

From a macro perspective, BTC’s position relative to gold and silver is not very ideal. Its trading price remains below key resistance zones, and it may continue to be under pressure this year. Interestingly, the Bloomberg Commodity Index remains strong on the weekly chart, recently breaking above resistance levels seen over the past few months. This indicates that commodities have the potential to significantly outperform cryptocurrencies, and under certain conditions, even surpass stocks — of course, the movement of the US Dollar Index (DXY) is also crucial. Once DXY surges back toward 100, commodity growth may slow down.

A subtle detail that’s easy to overlook: BTC performs poorly during periods when it is relatively weak compared to gold and silver, which is rare in history. But whenever this happens, it often signals that a macro bottom is forming and also indicates that BTC is somewhat weak. For those looking to build a strong position over the next three years, paying close attention to this period could be the key accumulation window.