Xu hướng Bitcoin vượt xa câu chuyện đơn giản: Dấu hiệu thực sự ở đâu vào năm 2026

【Coin Circle】Research institutions recently shared an interesting observation: The market likes to pursue simple narratives, but Bitcoin never plays by those rules.

Look at the strong seasonal capital inflows in US stocks at the beginning of the year—they did drive quite a bit of market movement. But Bitcoin operates by completely different rules. When calendar effects gradually fade and macro correlations begin to break down, the previous narrative framework starts to fail. At that point, what really matters are market structure, technical resets, and actual capital flows.

Entering 2026, various macro indicators look quite optimistic. But there’s a trap here: historical experience tells us that when indicators look their best, those are often precisely when signals are weakest.

The key question now is actually quite simple—are those real capital forces preparing for the next round of institutional change? The answer might be hidden in the market’s actual trading behavior, rather than in those seemingly beautiful narratives. As for how to trade specifically, it comes down to who can identify these deeper driving forces earlier.