By observing historical patterns, whenever precious metals (such as gold, silver, and other hard assets) undergo clear cyclical adjustments, BTC often experiences significant rallies—the last cycle just confirmed this, with BTC increasing by 500%.

How will the market develop next? Instead of blindly guessing, it's better to see what researchers say. Recently, a crypto researcher published an in-depth paper titled "Repricing of Hard Assets and Delayed Dynamics in Cryptocurrency Markets," spanning 47 pages, systematically explaining the intrinsic connection between traditional hard asset revaluation cycles and crypto market performance.

The study points out that precious metal price movements tend to lead crypto assets, with a noticeable lag effect. In other words, when traditional safe-haven assets like gold and silver begin to adjust, this signal eventually propagates to the crypto market, and BTC, as a digital asset representative, often reacts more intensely. This perspective offers a new angle for understanding the current market cycle.