Bitcoin's performance doesn't seem as outstanding as the market imagination.

Looking back to the peak of the 2021 bull market, BTC once surged past $66,000, with a market cap ranking among the top eight global assets, even on par with silver. Now, four years later, Bitcoin has reached $87,000, still ranking eighth, while silver has risen to third. This position swap somewhat reflects the gap between market expectations and reality.

Once, the market's view on silver was almost unanimously critical—some said it was just a byproduct of gold mining, with low extraction costs and severe oversupply; even more bluntly, some claimed that apart from industrial uses, silver had no financial attributes and couldn't be sold at all, at best being "industrial waste." But time has proven otherwise—assets once mocked have now outperformed the "star" of cryptocurrencies.

This may be worth pondering—how reliable is market consensus?