Market bloodbath! Bitcoin is halved and USDT becomes a 'burial item' for the depreciating dollar.
Last night, the Middle East black swan struck - Israel bombed Iranian nuclear facilities, and global assets erupted! Bitcoin plummeted 18% in 24 hours, breaking through the $45,000 support line, while Ethereum was slashed to $2200. Those shouting 'buy the dip', are now almost out of shorts!
Even crazier, some people actually treat USDT as a safe haven? Wake up, brothers! The US dollar’s April CPI surged 4.5% year-on-year, and the Federal Reserve's printing press hasn’t stopped. USDT is essentially a shadow of the dollar; if the master depreciates, how strong can the subordinate be? Holding USDT is like holding a basket of rotten apples – the quantity looks unchanged, but in reality, it’s already rotten!
Gold is in a crazy bull market! PAXG breaks through $3400, creating a new historical high.
When traditional finance and the crypto world are both diving, real hard assets finally show their fangs - spot gold breaks through $3450/oz, on-chain gold PAXG simultaneously surges to $3444, with a 24-hour trading volume exceeding $110 million. This is the ultimate choice for smart money: the harsher the war, the deeper the recession, the crazier PAXG rises!
Let’s look at the data:
Anti-dip bomb combo: gold has risen 24.15% this year, PAXG almost tracks it 1:1, completely outperforming Bitcoin's -11% poor performance.
On-chain gold crushes physical gold: buying gold bars incurs a 3% fee + a 3-day wait for delivery, while PAXG on Binance has a 0.1% fee and arrives instantly.
New DeFi play: Staking PAXG on Morpho for an annualized 8%, earning both gold appreciation and interest income.
Why is PAXG a must-have asset in 2025?
The underlying logic of real money.
Each PAXG is backed by physical gold bars in the London vault, certified by LBMA + audited monthly by the New York Financial Bureau, which is a thousand times more stable than USDT’s ‘faith-based collateral’.
The gold bull market has just begun.
Goldman Sachs' latest report: Federal Reserve interest rate cut cycle + Middle East geopolitical crisis, gold is expected to rise to $3800 by the end of the year. PAXG, as an on-chain gold entry, will inevitably take off in price.
Exchanges are frantically vying for dominance.
Binance has just launched PAXG perpetual contracts, with 20x leverage directly going long on gold. Huobi, OKX are all increasing their PAXG financial pools, offering annualized returns of 6%-15% - platforms are pushing hard, which is the biggest indicator!
Technical signals: a pullback is an opportunity to get on board.
Currently, PAXG is strongly rebounding after a pullback to MA30 ($3269), MACD golden cross is imminent, RSI (62) is not overbought, leaving ample upward space. The key support level is at the psychological barrier of $3400, with a very low probability of falling below.
Wealthy strategies:
Spot players: current price of $3444 can build a position of 30%, add another 50% on a pullback to $3400.
Contract traders: open a 20x long position at $3400 with a stop loss, target price $3800.
Hodlers: invest monthly in PAXG + Bitcoin with a 5:5 allocation to hedge against black swans.
Ultimate warning: miss this wave and wait three years!
Entering PAXG now is not speculation, but a strategic asset allocation. The Federal Reserve's interest rate cut in September is imminent, the Middle East powder keg could explode at any moment, and traditional funds are pouring into on-chain gold through compliant channels.
Opportunities and risks coexist in the crypto world, remain vigilant, and finding the right timing is key. I’ve also discovered a short-term surging project with huge doubling potential! If you want to keep up, follow me for free shares!