#数字资产市场洞察 Bitcoin has retreated from its all-time high of $126,000, and many are starting to turn bearish on the future market. But interestingly, several veteran analysts are simultaneously sending a thought-provoking signal — this decline is likely just the prelude.

BTC is currently fluctuating between $85,000 and $90,000, market sentiment has shifted to caution, leveraged positions are being forcibly liquidated, and retail investors are gradually exiting. However, according to historical patterns, this is precisely a common period for institutional funds to reallocate.

On the technical side, the RSI indicator has fallen below 30, entering the traditional oversold zone. Data from the past few years shows that whenever RSI hits this level, Bitcoin tends to rebound afterward. Based on this logic, surging to $170,000 within the next three months doesn’t seem impossible.

But one point must be emphasized — RSI and other technical indicators ultimately only reflect market panic and deleveraging sentiment. The true drivers of trend are liquidity, monetary policy directions, and changes in global risk appetite. Relying solely on chart patterns for trading still carries significant risk.

What’s more worth paying attention to are the movements behind the scenes of institutional players. The holdings structure of spot ETFs has already shown extreme bullish bias, and large financial institutions can now directly allocate Bitcoin assets. From this perspective, the real influx of big money might not fully materialize until 2026.

Overall, this round doesn’t necessarily need a sharp surge to be considered successful. The key change is that Bitcoin is shifting from purely emotion-driven to gradually evolving into a mature asset dominated by fundamentals. This transformation itself is more intriguing than price fluctuations.

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