$Circle(CRCL.US)$iShares Silver Tr(SLV.US)$Pro Ultr Bloomberg Crude Oil(UCO.US)This wave in stablecoins and Bitcoin is similar to the previous one at 120k. Both are driven by large capital needing to transfer funds, and Bitcoin is a very fast means. As for when it will end, it will only stop one to two months after the war ends. Currently, it seems difficult for Bitcoin and stablecoins to stop.

The effect of gold is the opposite. Because its current price is near historical highs, large-scale entry would raise the transfer cost. Therefore, before this wave of Bitcoin transfer ends, gold and silver won't see major trends. It's most likely a volatile pattern with no big swings. In futures terms specifically, it's a situation where both longs and shorts get wiped out.