Commodity Market Cools Down, Is Crypto Ready to Accelerate?

In the short term, the commodity market is likely to enter a mild cooling phase. Platinum and silver are showing “risk-off” signals as the holiday approaches. This is completely normal, as in recent weeks, these two metals have surged strongly; a pause to absorb the upward momentum is a natural market development. The key point now lies with gold. The fact that prices are approaching and surpassing the all-time high is an important signal. However, gold needs to hold above this level. If it fails and reverses downward, technical charts are beginning to form bearish divergences across multiple timeframes — a sign that a correction may be approaching. Nevertheless, a correction in gold and commodities is not necessarily bad news for the entire market. On the contrary, I believe this could be a positive catalyst for crypto. History shows that when capital flows out of defensive assets or commodities after a hot rally, crypto often benefits next. Meanwhile, the expectation that the Nasdaq will break to new highs after this correction further supports this scenario. If US tech stocks continue to hit new all-time highs, global risk appetite will improve, creating a favorable foundation for the crypto market to enter a stronger growth phase. In summary, the short-term cooling of commodities may just be a stepping stone. In the bigger picture, crypto is likely to be the beneficiary once this correction cycle completes and capital flows back into growth assets.