Precious metals are flashing red across the board. The signals are getting hard to ignore. Meanwhile, crypto remains surprisingly subdued—no irrational exuberance, no FOMO-driven rallies. It's the sole major asset class still waiting for its moment of collective euphoria. The divergence is striking. When you stack up equities, commodities, and traditional hedges all screaming at peak levels, crypto's relative calmness stands out. This isn't weakness. It's patience playing out in real time.