2026-01-19 08:24:59

The recent market situation seems a bit complicated. The US-Europe tariff tensions have escalated again—after Trump imposed additional tariffs, Europe is also planning countermeasures, resulting in a simultaneous decline in US stocks and the crypto market. Even more painfully, spot gold just broke through $4690 per ounce, hitting a new all-time high.

Have you noticed? When gold rises, crypto buying interest is being drawn away. This wave of safe-haven funds is flowing into gold, which in the short term will inevitably squeeze the enthusiasm for cryptocurrencies. From a macro perspective, there is indeed some pressure. However, volatility in the crypto space is now common, but whether this will truly reverse remains to be seen.

Honestly, there's an interesting question in front of us—Is this crypto decline just a short-term safe-haven reaction, or is it a deeper trend reversal? Also, between gold and Bitcoin, which do you prefer now? Both have their logic, but the choice really needs careful consideration. What does everyone think?

BTC-2,14%

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SolidityStruggler

· 3h ago

Gold reaching a new all-time high is indeed worth caution, but I think it's too simplistic to blame all crypto declines on risk aversion. The escalation of tariffs itself is a risk event, and the simultaneous weakness of US stocks and cryptocurrencies is a normal reaction. There is definitely some blood-sucking in gold, but more of it reflects the overall market risk sentiment. The real question is how far this decline can go—if it's just fluctuations within a range, then it's not a reversal. I lean towards observing the data over the next two weeks; it's too early to make a judgment now. BTW, gold and Bitcoin are not entirely mutually exclusive; holding both is perfectly fine.

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DegenDreamer

· 6h ago

Gold hitting a new high this time indeed feels like a bloodsucker, but I don't think there's need to be too pessimistic. The macro risk-avoidance sentiment is indeed heating up, but the resilience of crypto shouldn't be underestimated. This round of decline is more driven by sentiment; the fundamentals haven't truly broken down. The long-term logic of Bitcoin remains unchanged; it all depends on who can resist the decline better. Gold stability is stable, but the return ceiling is right there; I still prefer to see more upside potential in BTC. The tariff friction issue is likely to continue for a while; focus on short-term observation.

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ImaginaryWhale

· 6h ago

Gold hitting a new high indeed grabs the headlines, but I think it shouldn't be viewed simply as a zero-sum competition. Macroeconomic liquidity tightening is real, but the long-term logic of BTC hasn't changed. Short-term risk aversion suppresses the price, but that doesn't mean a trend reversal. The key still depends on how the Federal Reserve moves and how the geopolitical situation unfolds. I personally lean towards this being a correction period rather than a reversal, and I will continue to observe.

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AirdropChaser

· 6h ago

Gold hitting a new high is indeed aggressive, but I don't think this is the death knell for Bitcoin. Historically, every risk-averse wave has been met with bearish calls on cryptocurrencies, but the coins have all survived well. The key is that gold and Bitcoin are fundamentally different—one is an old-fashioned hedge against inflation, and the other is a new era store of value. Currently, the Federal Reserve hasn't fully committed to cutting rates, so it's normal for funds to breathe a sigh of relief in gold. However, once geopolitical risks truly pass and liquidity is re-released, institutional FOMO might play out again. I'm not in a rush to pick a side now; holding a bit of both feels most comfortable. Consider this wave as an opportunity to accumulate.

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ConsensusDissenter

· 6h ago

Gold hitting a new high indeed draws blood, but there's a flaw in this logic—safe-haven funds are not zero-sum, and more and more institutions are holding both gold and BTC simultaneously. The escalation of the tariff war could actually boost inflation expectations, which is a long-term positive for BTC. Being hammered in the short term is indeed tough, but compared to the pandemic situation in 2020, resilience is much stronger now. I actually think this isn't a reversal signal, but more like a shakeout within a consolidation.

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GigaBrainAnon

· 6h ago

Gold hits a new high, this wave indeed sucks blood, but I must counter when it comes to capital flow—safe-haven buying into gold and crypto selling off are not necessarily the same funds. The risk preferences of macro hedge funds and retail investors are completely different. The recent decline in crypto is mostly a chain reaction of technical factors + contract liquidations, while gold's rise just happened to hit emotional sentiment. Reversal depends on the Fed's stance and how the tariff war ultimately unfolds. I lean towards this being a fluctuation, not a trend reversal. The long-term logic of Bitcoin remains intact, while gold's short-term liquidity is too strong.

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MetaverseVagabond

· 6h ago

Gold hitting a new high has indeed generated a lot of buzz, but I think there's no need to be too pessimistic. This kind of capital rotation is very normal, and the key is to watch for subsequent policy signals. Trump's tariffs are not necessarily a bad thing for Bitcoin in the long run; on the contrary, they might boost demand for hedging assets. In the short term, risk aversion sentiment will indeed suppress cryptocurrencies, but once risk sentiment warms up, these funds will eventually flow back. I am currently holding both positions, with gold as a safety net and BTC and others as window period assets. It's still too early to say if the trend has reversed; let's see how the next month unfolds.

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