On January 5th, global risk assets experienced a rare synchronized rally — from Asian stock markets to US stock futures, and then to cryptocurrencies and commodities, almost all asset classes are signaling upward movement.

Asian stock markets led the charge. The Korea KOSPI index surged over 2.27% in the early trading session, breaking above the 4400-point mark for the first time and hitting a new all-time high; the Nikkei 225 index soared over 1100 points, just shy of its historical high by about 2%. The A-shares also performed strongly, with the Shanghai Composite opening up 0.46%, approaching the psychological 4000-point level. The Hang Seng Index opened modestly higher by 0.09%.

US stock futures followed suit. S&P 500 futures rose 0.46%, NASDAQ futures increased 0.26%, and Dow Jones futures led with a 0.58% gain. The entire North American market was filled with bullish sentiment.

The crypto sector continued its strong rebound, with $BTC breaking above $93,000 and $ETH approaching $3,200. Even more interesting was the collective revival of altcoins and meme tokens — old-school tokens like BROCCOLI714, BONK, BOME, WIF, PEPE, PNUT took turns leading the rally, igniting retail investors’ enthusiasm.

Safe-haven assets also followed the trend upward. Spot gold broke through $4,420 per ounce, with a 24-hour increase of over 2%; spot silver was even more robust, surpassing $76 per ounce and soaring 4.5%. This simultaneous rise across stocks, bonds, currencies, and commodities indicates that market risk appetite is rapidly recovering.