Market sentiment can easily drown out rational judgment, but what true traders need is calmness and data support.

Recently, there has been a lot of talk about "huge funds migrating from precious metals to cryptocurrencies." Discussions on social media are very lively, and many investors are eager to increase their Bitcoin holdings. As someone who has been in this industry for many years, I believe it is necessary to set aside emotions and examine this issue through historical patterns and actual data.

**Capital Rotation: The Cyclical Phenomenon of the Market**

The precious metals market has indeed been very active recently. Silver prices have hit record highs, and gold remains at high levels. But is there really such strong fundamental support behind this?

Let's look at history. During the sharp decline in global markets in March 2020, funds initially flowed into gold and silver as safe havens, causing precious metal prices to surge. Meanwhile, Bitcoin oscillated within a sideways range for several months. After the precious metals peaked at high levels, funds began to shift massively into the crypto market, ultimately driving Bitcoin's main upward wave.

The current market shows a differentiated pattern, which seems to repeat this rotation logic. This is not a sign of Bitcoin weakening; rather, it may precisely indicate that capital allocation is in a normal circulation cycle. The recent rise in silver appears to be driven by structural tightness on the supply side, but more fundamentally, it reflects the natural law of risk asset rotation.

Retail investors are most prone to making the mistake of being driven by FOMO emotions, ignoring the cyclical nature of the market. True opportunities are often hidden within rational analysis.