#BTC对标贵金属的竞争格局 Which is more worth investing in, Bitcoin or gold? This matter needs to be viewed in stages.

In the short term (1-3 months), gold has stronger stability. Factors such as how the Federal Reserve lowers interest rates and how the geopolitical situation evolves will affect the direction. For Bitcoin to see a turnaround, it needs to rely on spot ETFs to attract funds back, while also holding steady at key support levels. The price ratio between the two is also crucial - this can indicate who has the upper hand.

Looking further ahead (6-12 months), the landscape will change. The Bitcoin halving cycle combined with institutional allocation demand may bring opportunities for revaluation. For gold, we need to observe the central banks' purchasing trends and inflation expectations. Interestingly, these two assets are often complementary rather than substitutes for each other.

There are several signals worth noting in trading. The Bitcoin to gold ratio (measured in ounces) has risen to the range of 22-24, indicating a relative strength of Bitcoin is emerging; if it falls below 18, gold will continue to take the lead.

A few tips for traders:

First, the combination configuration is important. Gold serves as a "ballast" to stabilize the overall portfolio, while Bitcoin is responsible for providing flexibility and returns. Don't put all your eggs in one basket. In terms of risk control, the Bitcoin position should have stricter stop-loss settings (in the range of 5%-8%), while gold can be a bit looser (3%-5%). Timing is also crucial—when liquidity is abundant and market risk appetite is high, increase your Bitcoin position; during tense geopolitical situations or when liquidity is tight, it’s time to increase gold allocation or reduce Bitcoin exposure.