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Remember the crazy times in 2021? Bitcoin surged all the way to 69,000, directly entering the top eight global assets, standing shoulder to shoulder with silver.
Four years may not seem long or short. Now, Bitcoin has already reached 87,000, still firmly holding the eighth position—what about silver? It has climbed to third place.
Thinking back to the market's comments on silver back then, it was basically a roast session. When it fell below cost price, all kinds of arguments flooded in: "It's just a byproduct mine, low extraction costs and high output," "Has no financial attributes, no one really wants it," or even outright saying "It's just industrial waste." The market is so ruthless.
And what happened? After a few years, silver suddenly became a hot commodity. It has become critical to the photovoltaic industry, the heart of new energy technology. The narrative was directly elevated to a strategic level—"a key chip in global trade," "a non-renewable scarce resource." From industrial waste to strategic reserves, this turnaround is so fast it can leave you stunned.
The most heartbreaking part is, those who criticized it the most back then are now all turned into fans. "I've always believed in you," "I knew it had potential," these words sound so familiar? The market never plays along with you; it only catches you off guard when you turn around.