Let's talk about Bitcoin's future market pattern. To get straight to the core point: a new bull market is brewing, with targets looking at 130,000-150,000.

Why do I think so? Three key factors:

First, policy is indeed shifting. Regulatory frameworks worldwide are gradually improving, and many countries' financial institutions are beginning to actively embrace BTC. High-level officials have publicly stated multiple times that governments and financial institutions can appropriately allocate BTC and related derivatives, which is a real positive for the entire market.

Second, there are iconic support levels on the technical side. Currently, the market is fluctuating between 84,000 and 94,500, having fallen 36% from the high. The weekly chart has been sideways for 7 weeks, with the weekly candle closing around 88,000—importantly, the gap in the BTC spot ETF is also at this level. This is no coincidence; 88,000 is a critical level.

Third, market participation has reached a critical point. A true bull market cannot rely solely on institutions; retail participation is the trigger. Just like the housing market, if only institutional speculators are involved and retail investors stay out, prices will eventually crash. Now, many altcoins have already fallen into pits, accumulating rebound energy. Once retail investors blindly rush in and fully buy in, it can ignite a truly crazy bull market.

Trading suggestion: If the price dips again to around 88,000 and the weekly candle does not close below 86,500, consider building positions in batches to go long, with a stop-loss set at 79,500. The new cycle opportunity is right in front of us.

Of course, this is personal analysis. Welcome everyone to discuss and critique. One last reminder: in the late stage of a bull market, it’s often a mess. Don’t be greedy; this is a blood, sweat, and tears summary. #密码资产动态追踪 $BTC $SOL