2026-01-07 12:00:19

Recently paying attention to international news, I can't help but wonder about one thing.

It feels like the fundamental logic of the world is changing. The set of game rules we used to be accustomed to seems to be failing.

It's not about "regional conflicts escalating" or the fancy terms like "geopolitical risks." It's more direct, more brutal—within the entire system, the rules that everyone once agreed upon are now starting to become invalid.

This sounds exaggerated, but just thinking about it is a bit frightening.

When the rules start to loosen, what is the first to be impacted? All asset pricing models. The logic you previously used to evaluate the value of an asset could be overturned overnight. Real estate, commodities, stocks, cryptocurrencies—nothing is immune.

Throughout history, every major social upheaval has been accompanied by brutal re-pricing of assets. Those priced based on "old rules" are either pushed down or given entirely different price tags.

This is not conspiracy theory; it’s simply saying: when the underlying assumptions change, everything above must be recalculated.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

18 Likes

Reward
18
4
Repost
Share

Comment

0/400

TerraNeverForget

· 01-07 12:30

Rule one loosens, and everyone holding coins has to recalculate... This wave indeed makes it hard to sleep well.

View OriginalReply0

NeonCollector

· 01-07 12:28

Exactly right. Now, holding anything means betting on how the new rules will be written. This market rally is truly a stress test. --- Wait, are you saying that now, whatever you buy, you need to think about an exit plan? That's pretty extreme. --- Indeed, those still calculating with old models should be pretty panicked now. --- Rules have changed, and it's become impossible to understand traditional asset pricing anymore. In contrast, on-chain systems are more transparent. --- It feels like every month-end in recent years, the underlying assumptions are loosening. Who still dares to say they understand it all? --- So now, it's just about holding liquid assets and being ready to switch positions at any time. --- This sounds like a hint to short traditional assets and deploy across multiple chains.

View OriginalReply0

GweiWatcher

· 01-07 12:21

Wow, now it's really time to reshuffle. The valuation models for traditional assets in my hands are completely failing. When the rules break down, crypto might be the last straw. It feels like with this drop, someone is going to get liquidated again. Is history repeating itself? Or is a new game beginning? It's hard to predict. Hold your coins and wait to see who reacts first.

View OriginalReply0

SleepTrader

· 01-07 12:05

Damn, this is why I’ve been feeling like everything in the crypto market has become unpredictable lately. The rule collapse moment, all the chips in hand have become Schrödinger’s assets. This wave is really here, we need to rethink the pricing logic. My brother is right, every time this happens in history, traditional valuation models are directly rendered useless. The crypto world might be the place where this change is felt the most, after all, we are betting on a new set of rules. The underlying assumptions are collapsing, and the reshaping has just begun. By the way, could this be an opportunity? Risk and opportunity have always been two sides of the same coin.

View OriginalReply0