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PEPE and NEIRO, these Ethereum ecosystem tokens, have recently become a hot topic again. Bloomberg analyst Mike McGlone recently sent a signal: gold, silver, copper, and related metal stocks may face the risk of "excessive rally" in 2026.
His logic is straightforward—too much of a rise. Remember the pattern with Bitcoin and crude oil? The initial surge was fierce, and the pullback was equally sharp. The precious metals sector is now somewhat like that state; although the fundamentals are fine, the rapid increase in price will naturally stimulate supply and suppress demand, ultimately leading to a correction.
The same logic applies to US stocks and metal stocks. It’s not that a crash is imminent, but such sustained rapid growth is hard to maintain. The bull market isn’t over yet, but from crypto to traditional asset markets, there’s a sense of being hijacked by overheated sentiment.
Will 2026 really bring a wave of correction? It depends on whether the market can find a balance between maintaining enthusiasm and staying rational. What’s your take?