In 2017, gold's major uptrend reached an 8 trillion market cap. After hitting the top, money had nowhere to go, and the crypto market surged from 100 billion to 800 billion.

In 2021, gold topped out at 12 trillion market cap, liquidity began to ease, risk appetite returned, and the crypto market pushed from 800 billion to 3 trillion.

In 2026, gold is being pushed to a 40 trillion level top.

Money needs to find an outlet.

The crypto market has only one characteristic:

Capacity is still not large enough, but sentiment has room for all the greed in the world.

So the structure is very clear:

Current 2.4 trillion is the oscillation zone of stock market games

5 trillion is the confirmation zone after capital flows back

7.5 trillion is the consensus center

10 trillion is this round's "floor elevation anchor"

When gold stops creating new highs and even starts to flatten,

the market completes the switch from "risk-off" to "risk-on"

That acceleration pedal has just been pressed down.