$XAU's strange gold bull, gold has already surpassed five thousand, recently watching the charts of gold and silver, I only have one feeling in my heart - something is not right. Really not right 🤨.

Gold has continuously broken through 5000, and gold futures have even reached 5100 dollars, with almost no pullback; silver has directly jumped to 118 dollars.

The price is being pulled up by someone by the neck, without any hesitation.

Some say this is a 'super bull market', some say it is 'inflation hedging', and some excitedly shout 'gold 7000, silver 500'.

But I have to throw a bucket of cold water: this is not a good market, it feels like a setup. First, let's state the conclusion: this round of gold and silver price increase is not about 'earning profits', but 'avoiding risks'.

First, let’s put forward the most basic question: In a normal market, will there be no pullback?

Any healthy bull market must have three things:

There are divergences

There is selling pressure

There is a pullback

And right now, the gold and silver precisely have none of these three things.

It’s not that it’s “rising fast,” it’s that it almost gives no one a chance to get off.

What does this mean?

This means that those who buy it are not really thinking about:

“Is it expensive now?”

Instead, they are thinking:

“If I don’t buy now, will I still be able to buy in the future?”

This is an escape-style buying, not a trading-style buying. Looking at it this way, once this stage is entered, valuation, cost-effectiveness, and technology are all useless, all invalidated.

Fourth, why is the “emotion already at its peak,” but the price is still going up?

Many people feel that it is already very crazy now, but I want to remind you: this is not the end emotion yet.

The market is still at a stage:

“I have to grab it first, then talk about later.”

The fish heads now are a bit emo too. I have always been a believer in crypto. I love crypto which is dull and lifeless. I’m definitely not happy or comfortable. Watching everyone scramble for houses like a few years ago, if you don’t buy, it just keeps rising. If you buy and don’t sell, it just keeps rising. When will it be my turn for a crypto bull? @币安广场