Recently, everyone has been concerned about the same question: gold and silver are rising so aggressively, have they reached their peak? And BTC is still sideways; will the next opportunity come?

Looking back at history is quite interesting. After the crash in March 2020, gold surged from $1,450 all the way to $2,075, and silver was even more dramatic, soaring from $12 to $29. But what about BTC? It was stuck oscillating between $9,000 and $12,000 for five months. Many people couldn't hold on during that time. But by August, once the precious metals peaked, capital started to shift significantly. What was the result? From August 2020 to May 2021, BTC skyrocketed from $12,000 to $64,800, an increase of nearly 5.5 times. Those who endured the sideways period later made huge profits.

The current situation seems familiar. Gold hit a new high of $4,550, silver surged to $80, while BTC is still fluctuating. Many in the market are becoming anxious. But this time, the situation is actually much more complex. The catalysts supporting crypto assets are far more numerous than in 2020—expectations of Fed rate cuts, adjustments in banking liquidity policies, clearer regulatory frameworks, a shift towards a friendly policy environment, the gradual launch of related ETF products, and unprecedented participation from institutional investors... All these factors combined are essentially paving the way for BTC.

One detail worth noting: the rise of precious metals first is not a bad thing; in fact, history often shows the opposite. This usually indicates that capital is seeking safe-haven assets for value preservation. Once the gains in precious metals slow down and the growth potential diminishes, capital naturally flows into high-growth asset classes like cryptocurrencies. According to this pattern, BTC won't start its rally first; it must wait until the gold and silver rally pause and capital begins to rotate. The current sideways period might be just like two years ago, a preparatory phase before a major move. Once it passes, it could lead to a quite substantial rally.