I just followed something quite intense happening in the financial markets. Last weekend, when international exchanges closed, a crazy squeeze phenomenon occurred—safe-haven demand created enormous pressure, forcing major financial institutions to pull back.

The first thing I noticed was that the gold price on China’s black market had hit 6000 USD per ounce. With no supply meeting demand, crowds fought to buy amid a storm of geopolitical news, and as a result, the price was pushed up in a wild,疯狂 way. This is the clearest sign of stress in the centralized financial system.

But what was even more noteworthy was the reaction from the banks. Zheshang Bank had to issue an emergency warning at the end of February, stating that they could temporarily halt gold trading due to depleted inventories. If the market continues to fluctuate abnormally or liquidity dries up, the bank will activate a temporary shutdown mode for all gold buying and selling activities.

This reality shows something very clear: the traditional gold system is running into serious problems. When the gold price reaches 6000 USD on the black market and banks refuse to let people trade, that’s when those with money start looking for another way out.

I believe that a massive amount of capital from investors will shift away from physical gold toward crypto assets, especially Bitcoin or gold-pegged tokens. The reason is very simple: 24/7 liquidity and it is not dependent on the centralized banking system. When the market opens next week, those price jumps could be extremely violent.

Current BTC price is at 75.12K, up 1.08% over the past 24 hours. If the elite’s capital flow really does move into crypto, this figure won’t be unfamiliar compared with higher levels. However, I also have to remind you that this is a very risky environment—local liquidity can dry up quickly, causing prices to slip sharply. Strict capital management is a must in situations like this.