## Asset Divergence Under the Reshaping of the Global Currency Landscape: Multi-dimensional Thinking on Bitcoin, Gold, and Web3 Risks

According to the latest analysis by Forbes, after reaching a historic high in October, the crypto market has experienced a significant correction period. Bitcoin's price is currently hovering around $93,000, showing a clear retreat from its record high of $126,000. Meanwhile, traditional assets such as gold, silver, and US stocks have shown an accelerated upward trend toward the end of the year. This contrast reflects more than just risk aversion psychology.

**Central Bank Strategic Adjustments Drive Asset Rebalancing**

Ramnivas Mundada, head of economic research at GlobalData, pointed out that global central banks are actively restructuring their reserve asset allocations, gradually reducing over-reliance on dollar assets. These actions mark an acceleration in the de-dollarization process. Against this backdrop, Mundada predicts that gold still has an 8%-15% upside potential by 2026, while silver could rise by 20%-35%.

**The Deep Logic Behind Asset Divergence**

This global rebalancing of asset allocations reflects proactive adjustments by institutions and large-scale capital to the international monetary system. The strong performance of traditional precious metals contrasted with the pullback of crypto assets indicates that market participants are adopting differentiated risk management strategies in response to macroeconomic changes.

**Beware of Fraud Risks in the Web3 Ecosystem**

It is worth noting that, amid increased volatility in crypto assets, Web3 scams are occurring frequently. Investors chasing emerging asset opportunities should enhance their risk awareness, carefully distinguish genuine projects from fraudulent ones, and ensure the safety of their funds to avoid becoming victims of scams in market chaos.

Overall, the current asset market divergence reflects a profound adjustment in the global financial order. Investors need to build more cautious and diversified investment portfolios based on an understanding of macro trends.