In the world of Crypto Assets, Bitcoin has always been regarded as digital gold, but can it really withstand the storms of the global economy?

Recently, a seasoned market analyst put forward a disturbing perspective: the next round of Crypto Assets bear market may not be triggered by the usual halving cycle, but rather by a global economic recession. This perspective deserves our contemplation.

Looking back at the history of Bitcoin, we find that it has never truly faced a global economic crisis. When the financial crisis erupted in 2008, Bitcoin had not yet been born; when the internet bubble burst in 2001, it was an even more distant future. In other words, Bitcoin has not yet undergone a real global economic "test".

Imagine if the global economy were to fall into recession, with a wave of corporate bankruptcies, soaring unemployment rates, and tightening credit. What would be people's first reaction? It is likely not to seek investment opportunities, but to urgently protect their assets. In this scenario, investors may massively sell off assets deemed higher risk, turning instead to seek safer havens such as cash, government bonds, or gold.

So, how will Crypto Assets position themselves in this storm? Despite many praising them as "digital gold," will they be one of the first assets to be sold off during market panic? This question currently has no clear answer.

What is more concerning is that compared to traditional stock and bond markets, the liquidity of the crypto assets market is relatively low. This means that once a large-scale sell-off occurs, its price may drop faster and more violently, with almost no room for buffering.

This potential risk reminds us that when investing in Crypto Assets, we cannot focus solely on internal factors such as technical analysis and halving cycles. We also need to closely monitor global economic indicators, such as inflation rates, unemployment data, corporate earnings, and bank credit policies. These macroeconomic factors can have a profound impact on the Crypto Assets market.

In this era of interconnected global economy, crypto asset investors need to possess a more comprehensive market insight. We must not only understand blockchain technology and encryption economics, but also remain sensitive to the global financial markets. Only in this way can we better respond to the various market situations that may arise, including the challenges posed by a potential global economic recession.