#比特币与黄金战争 Don't just focus on the traditional four-year cycle anymore. The current market pattern has entered the Kondratiev wave cycle stage, and there is a high probability that 2026 will bring a scale and cycle that surpass expectations with a bullish trend. From a technical perspective, it is not impossible for Ethereum to break through to $20,000—the key is that large funds are already quietly positioning themselves. $BTC $ETH $BNB institutional holdings data for these leading assets continue to rise, indicating that some have long seen through this opportunity. Those who miss out always regret it, while smart money never waits.