Gold has reached a new historical high again. But this time, what is truly worth following is not just the precious metal itself, but the trap of the "funds rotation pattern" that has been verified multiple times behind it.

Look closely at history: in 2016 and 2020, during each round of global liquidity flooding, the actions of capital were remarkably consistent. Gold took off first, and when it was driven to overheating and overbought sentiment peaked, smart money began to quietly shift hands—turning to Bitcoin, unleashing a more aggressive rally.

What's happening now? The Federal Reserve has started cutting interest rates, the Treasury is buying bonds, and central banks around the world are easing... The familiar rhythm has returned. Gold has skyrocketed, but Bitcoin is still "preparing its work".

What does this mean? The moment when gold's extreme overbought conditions gradually "cool down" could be the window for capital to shift towards digital assets and start the next legendary round. Some analyses point out that if Bitcoin captures just 30% of gold's market value, the price could reach the level of $450,000.

The underlying logic is actually very clear: in an era of ample liquidity, capital is always looking for the "container with the highest return." Gold is the old consensus, so it is always the first to be thought of; Bitcoin is the new paradigm, and as the consensus continues to spread, the intensity of value reassessment will be even greater.

The problem is—whether it’s gold or Bitcoin, the ups and downs can be described as a roller coaster. The real question investors face emerges: while chasing such large-scale rotation opportunities, how to place those assets that are unwilling to be tossed around? Especially in the crypto ecosystem, this issue becomes more urgent and complex.