Core Viewpoint - The year 2025 is predicted to be the "darkest year" for the cryptocurrency market, but it may also mark the beginning of an institutional era [1] Group 1: Market Performance - Despite the pressure on Bitcoin's annual performance, Bitcoin ETFs have seen a net inflow of approximately $25 billion this year [1] - Institutional holdings have increased to about 24% of the market, indicating a significant shift in investment dynamics [1] Group 2: Market Dynamics - The current market phase is characterized as a transition period rather than a peak, with institutions reallocating their investments and the market structure undergoing changes [1] - The selling pressure from long-term holders has absorbed around 1.4 million BTC, suggesting a strategic repositioning among investors [1] Group 3: Future Outlook - The first half of 2026 is expected to be noteworthy, particularly under a relatively favorable policy environment, warranting close attention from investors [1]
IOSG：2026 年上半年在政策相对友好背景下值得重点关注
Xin Lang Cai Jing·2025-12-21 16:37