Currently, although the money supply has reached ATH, liquidity has not really flowed to #Crypto .
Currently, people are still prioritizing safe assets rather than gold for storage.
Gold always increases, so when there is a buying adjustment, there will be profit later, not risk like Crypto
M2 and gold are quite strongly correlated -> strengthening the role of gold as a hedge against recession and an uncertain economy.
With the current uncertain macro situation, in Crypto, people are also retreating to stable assets -> recently Stablecoin.D has started to increase.
Currently, most people are quite defensive and Crypto will accumulate and grow when investor sentiment begins to change.
However, these are only short-term fluctuations because basically $BTC has also been compressed for quite a long time.
So in the long term, $BTC
will recover to normal and the game will slowly reset
please keep your cool and don't rush into fomo
