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美美莎
聊个跨资产的传导链，别把黄金今晚 −1.75% 单独看。油价这两天微涨、地缘反复，市场把「打仗」重新定价成「通胀→加息推后不了」，而不是避险。结果就是实际利率预期抬升，黄金和 $BTC 这类不生息资产一起承压——今晚金破 4340、BTC 也没跟涨，方向是一致的。所以别再套「打仗利多比特币」的老模板了，先看两年期美债往哪走，那才是这类资产真正的锚。数据不会陪你演戏。
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