#机构投资者活动 Institutional investors are becoming increasingly interesting. Recently, traditional financial giants like Standard Chartered and Bernstein have been adjusting their expectations for Bitcoin in 2026, gradually reducing from $300,000 to $150,000. This shift does not reflect pessimism but rather a more realistic understanding of the growth pattern of Web3 assets.

The key point is that although these institutions have lowered some aggressive forecasts, they remain generally bullish. What does this indicate? It shows that Bitcoin has gradually evolved from a "get-rich-quick myth" to a "long-term asset allocation" perspective. Michael Saylor's remark that "volatility is significantly decreasing" is particularly noteworthy—this is a clear sign of asset maturation.

I see this as a very positive signal. When traditional financial institutions start participating in the crypto market with more caution and rationality, it precisely indicates that Web3 is shifting from speculation-driven to value-driven. Although ETFs haven't seen the frantic institutional buying some expected, the steady inflow itself is shaping a healthier, more resilient market ecosystem.

Future competition will no longer be about who can surge rapidly, but about who can provide genuine application value and long-term growth potential. This is truly good news for the entire Web3 ecosystem.