Bitcoin has experienced a rollercoaster today—rising in the morning and then returning to the starting point. This kind of fluctuation can indeed be exhausting. The volatility of virtual currencies is just like this, giving you hope, only to turn into disappointment.

It is worth noting that the top hedge fund alliance (including core members such as Danny Moses, Vinny Daniel, and Porter Collins), which successfully shorted the subprime mortgage crisis in 2008 and gained fame overnight, recently released their major forecast for 2026. This team, which once accurately predicted the global financial crisis, has a very clear focus this time: continue shorting the US dollar while firmly holding gold.

Their logical chain is not complicated but very interesting—facing a possible dollar depreciation cycle, the role of gold as a traditional safe-haven asset becomes more prominent. Although this view is somewhat old-fashioned, from a macro trend perspective, it creates an interesting dialogue with current market discussions on the long-term trend of the dollar. For crypto asset investors, such big-picture judgments are also worth considering.