Recently, analysts' opinions suggest that Bitcoin's performance relative to gold may be approaching a bottom. This comparison perspective is quite interesting; many people are used to comparing Bitcoin with the US dollar and stocks, but few look at it from the perspective of gold premiums. Thinking from a different angle, if Bitcoin's relative price compared to gold is already very low, then from a historical cycle perspective, the bottom may not be far away. Of course, this is just a reference dimension and does not explain everything. Some people also use small currencies like 5280 yen as market sentiment indicators; although their size is small, they can sometimes reveal the trends of fringe markets. In short, at this position, it may be wiser to observe more and act less, waiting for clearer signals before deciding the next step.