#数字货币市场洞察 I noticed an interesting phenomenon when checking the market this morning—the BTC-to-gold exchange rate has already dropped to a support level. Remember back in January, it took 40 ounces of gold to exchange for 1 Bitcoin. Now? It's shrunk to 21 ounces. The last time we saw this level, gold prices were hovering around $2,000-$2,500.

Why compare these two? Because essentially, they're both considered safe-haven assets. Gold's issue is straightforward—annual mining output is about 1-2%, so much for scarcity; it just keeps inflating steadily. Bitcoin is different—the total supply of 21 million is hardcoded, open and transparent on-chain, and no one can change it.

But what's interesting is that the cyclical logic of these two assets is completely different. Gold follows the economic cycle and fluctuates frequently. Bitcoin? It's tied to a halving cycle, with a major round every four years, and its long-term upward trend is very steady.

Looking at a longer time frame, both assets are actually in an upward channel. The opportunity lies here—grasp the rhythm of the cycles, and buying the dips is the right way to go.