The holiday market combined with liquidity exhaustion makes the market like a taut string. Long positions have pressed the accelerator to the floor, but everyone knows in their hearts that the real turning point will not occur today, but rather at the moment the Central Bank turns around. The rate cut narrative has collapsed, and the topic of rate hikes has been reignited, which will shake the status of traditional safe-haven assets.

Now what lies ahead is an interesting multiple-choice question.

On one side is gold, closely watching every move of the Central Bank, stumbling through policy fluctuations; on the other side is the new things in the world of code. Smart money has already begun to shift, moving from traditional safe-haven assets to "on-chain gold."

Why is USDD increasingly favored by more people? The reason is very straightforward —

It skipped the Central Bank step.

On-chain over-collateralization, real-time transparent reserves, ecologically self-driven, operating continuously for 24 hours. Policy immunity, all data is displayed on the chain, and anyone can check it.

When the traditional market is thrown into disarray by a piece of news, USDD is gathering strength at its own pace, preparing for the next wave of market movements.

The fork in the road is right here.

Walk left, continue to wait for the Central Bank's nod, anxious amidst the fluctuations of Liquidity; walk right, seek opportunities in the new order built by code and algorithms. The latter is not a replacement for gold, but another logic to cope with the new era.

Which path you choose is essentially a choice between staying in the old narrative and waiting, or entering the new infrastructure layout.