Recently, a set of interesting data comparisons has emerged in the market, prompting many crypto enthusiasts to reflect.

Looking at the specific data makes it clear: at the beginning of the year, 1 Bitcoin could be exchanged for about 38 ounces of gold. Now, it can only be exchanged for around 19 ounces, a direct halving. The situation with silver is even more painful—since May, its purchasing power has shrunk by nearly 70%. If you've always regarded Bitcoin as "digital gold," its current performance actually resembles "digital silver" for the time being.

However, compared to the low point at the end of 2022 (when 1 BTC could only buy 9 ounces of gold), its absolute position is still higher. But the speed of decline over these past six months is definitely worth pondering.

The underlying logic is roughly as follows: on one hand, gold and silver are regaining attention. In today’s uncertain global economic climate, these ancient safe-haven assets are beginning to shine again. Central banks around the world are quietly increasing their gold reserves, and silver is also strengthening due to industrial demand. They are like experienced helmsmen, firmly holding the steering wheel amid uncertain circumstances.

On the other hand, the crypto market, after experiencing a period of hot growth, has entered a correction phase. Capital is reallocating, and Bitcoin is like a young contender full of potential but needing to recover its stamina.

This "battle" is not a simple win or lose situation. The fluctuations in their price ratios are more like a barometer of market sentiment, swinging between the stability of traditional assets and the growth potential of emerging assets. It reminds us of a simple truth: there are no assets that only go up and never down—only constantly changing market environments and opportunities for choice. When the value relationship between tradition and innovation is redefined, where will the next turning point be?