Family, the financial circle exploded today! Gold has just broken through the historical high, and Bitcoin has soared back to $89,000 overnight. Two seemingly unrelated assets are skyrocketing at the same time, driven by the same logic — global risk aversion sentiment is off the charts.

Gold, as a traditional safe-haven asset, breaking through the historical high says it all. Central banks around the world are hoarding gold like crazy, and retail investors are also buying frantically, all searching for hard currency in chaotic times. The recent surge in Bitcoin is even more intriguing; it is no longer just a speculative asset, and more institutions are starting to treat it as digital gold.

With expectations of a Fed rate cut rising, the situation in the Middle East remaining tense, and uncertainty surrounding the U.S. elections... all these factors combined create a market full of uncertainty. Investors are worried about an economic recession while also fearing they might miss out on the upward trend, and this contradictory mindset is driving money to flood into safe-haven assets.

How long do you think this trend can last? Let's discuss your views in the comments～

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