#现货黄金再创新高

Gold and BTC are not a choice between the two, but a sequence.

If you have to choose between gold and BTC, you might be asking the wrong question. The real question should be: Where is the market right now?

At the current stage, it is more like: 
1️⃣ Gold confirms long-term anxiety 
2️⃣ Funds re-understand the price of "safety" 
3️⃣ Risk assets are temporarily pressed down and calmed.

This step does put pressure on BTC, but it does not negate it.
Historically, the major bull markets for BTC have almost never started when the "world seems very safe" but have instead erupted during phases when "everyone has already accepted that uncertainty exists." The continuous strengthening of gold is helping the market fulfill this psychological expectation.

So from a structural perspective:
* Short-term: Gold suppresses BTC sentiment
* Mid-term: Gold opens narrative space for BTC
* Long-term: Both hedge against currency credit risk

In a nutshell: Gold is responsible for making you sleep well, while BTC is responsible for making you wake up early. Which one you need more now depends on what stage of life you are in.