The dip in XAUT corrections is a buying opportunity. Hong Kong and Shanghai are collaborating to create a gold trading market, and there are recent tax reduction policies for overseas investments in Hong Kong gold. Over the past three years, 2,000 tons are to be purchased. The struggle for precious metals pricing rights has been ongoing. Recently, the US-Iran conflict led to the closure of the Strait of Hormuz, causing a short-term rise in the US dollar. The timing of interest rate cuts has been postponed, but rate hikes are unlikely. As the war prolongs and oil prices peak, funds will still flow back into gold for safe-haven assets. Bitcoin experienced a rebound along with US stocks yesterday, but it's still not advisable to chase the rally. I also mentioned in recent live streams that Bitcoin at 60,000 is the bottom; the downside space is limited, but it won't start rising immediately. The uncertainty of the war will impact US stocks. Currently, the biggest hype in the US is AI, and the Middle East is a major investor in US AI, as well as a US computing power exporter. Energy is cheap in the Middle East. US cooperation with Middle Eastern countries on computing power centers, along with Iran's strikes on US military bases in the Middle East, could slow down large domestic AI projects in the region. Middle Eastern capital is choosing to hedge risks. In terms of computing power competition, the US will definitely fall behind China in processing speed during this war. Once US AI development slows due to power issues, the upward momentum of US stocks will be halted, and Bitcoin won't be able to rise either. The real bull market for Bitcoin will be pushed further into the future. We might have to wait until the end of this year.