The Greenland Island within the Arctic Circle has become a "black swan" stirring up the global financial markets. As tariffs are once again wielded against Europe, US-European trade frictions suddenly escalate, causing the market's tense nerves to snap instantly...

This extreme political uncertainty directly ignited risk aversion sentiment, with funds flooding into traditional safe havens. Gold and silver seem to have taken off like rockets, both hitting new historical highs. Gold prices approached the $4,700 mark, and silver also broke through key resistance levels unstoppable.

The much-anticipated "digital gold" Bitcoin, however, delivered a completely different answer in this major test. Amid the gold rush, the crypto market experienced a terrifying moment, with prices crashing thousands of dollars in a short period. The entire network saw massive long liquidations, totaling up to $800 million. This "safe-haven asset that isn't safe" trend gave skeptics ammunition, suggesting that in the face of real geopolitical crises, Bitcoin's volatility remains too high to truly replace physical gold.

Despite the short-term "bloodbath," the internal market dynamics remain complex. On one hand, although prices fell, exchange holdings continued to flow out, and spot ETFs even attracted capital against the trend, indicating that large funds are still entering on dips. Industry veterans believe this is merely a "healthy retracement" to clear out high leverage. Coupled with expectations of policy measures to exempt small transactions from taxes, in the long run, this is actually paving the way for Bitcoin's compliance and mainstream payment adoption. The current pain is more like a crouch before takeoff.

This is a classic example of a "risk aversion rotation." Gold and silver remain stable—people still trust these tangible metals during crises. As for Bitcoin, although it usually surges rapidly, during such global upheavals, it tends to be sold off first as a risk asset to cut losses. But don’t rush to be bearish; this correction seems more like clearing out highly leveraged gamblers. Once the market calms down, this shakeout might actually set the stage for a strong comeback. #Gate广场创作者新春激励 #加密市场回调 $BTC