Recently, international gold prices have experienced significant fluctuations. After breaking the 3900 dollar mark on October 28, it fell below the important psychological thresholds of 4000 and 3900 dollars for two consecutive days, showing a sharp downward trend on the daily chart. This phenomenon has sparked many speculations in the market regarding the prospects of encryption currencies.

However, in-depth analysis shows that the pullback in gold prices is mainly due to profit-taking after a significant prior increase. It is worth noting that this does not mean that safe-haven assets will collapse entirely. The market trend over the past two years indicates a "seesaw" effect between gold and encryption markets, with a clear diversion of capital flow. The current adjustment in the gold market may suggest that some active capital is seeking to re-enter the encryption market.

For individual investors, it is crucial to remain calm in the face of market fluctuations. Blindly following the trend to short-sell during a sharp fall is unwise, especially when it comes to those one-sided statements claiming that "the collapse of gold will inevitably lead to the collapse of the encryption market." Historical data shows that these two markets tend to exhibit a relationship of one rising while the other falls, rather than moving in sync.

Market rotation is an eternal theme in the financial market. The pullback in gold prices is not a doomsday scenario; rather, it may be an important signal for portfolio adjustment. Wise investors should pay attention to market trends, learn to identify risks, and formulate reasonable investment strategies to seize opportunities and achieve steady profits amidst market fluctuations.

In this uncertain market environment, continuous learning and vigilance are more important than blindly following trends. Investors should focus on long-term value rather than short-term fluctuations, while closely monitoring market dynamics to be prepared for potential investment opportunities.