In 2017, gold's main bull run reached an 8 trillion market cap. After topping out, money had nowhere to go, and the crypto market rallied from 100 billion to 8 trillion.

In 2021, gold topped at 12 trillion market cap, liquidity began to loosen, risk appetite returned, and the crypto market surged from 8 trillion to 30 trillion.

In 2026, gold is pushed to top out at the 40 trillion level.

Money needs to find an outlet.

The crypto market has only one characteristic:
The capacity isn't large enough yet, but the sentiment can hold all the greed in the world.

So the structure is very clear:

Current 2.4 trillion is the consolidation zone of stock-based gaming
5 trillion is the confirmation zone after capital inflows
7.5 trillion is the consensus hub
10 trillion is this round's "floor elevation anchor"

When gold stops making new highs, and even starts to plateau,
the market completes the switch from "risk-off" to "yield-seeking"

That accelerator pedal is just barely being pressed down. #加密行情震荡