Recently, the precious metals market has been quite active, with prices soaring from 71 to 79 in one go, and all kinds of rumors flying around—cycle theories, breaking the first shot to add damage, and other sayings have emerged. Even more outrageous is that even those selling houses are starting to talk about market insider information.

The interesting part is this: when all kinds of people begin to master various analysis frameworks and are eager to discuss the underlying logic of the market, it is often the time when emotions are at their peak. This phenomenon also applies to the crypto circle—when those who usually don’t pay attention suddenly start discussing Bitcoin reaching new highs, what does it indicate? It might actually be a sign of a top.

The market is always like this: the more everyone can come up with reasons, the more cautious one should be.