Fidelity's latest 2026 outlook explicitly states that "more countries will include Bitcoin in their reserves," which is not just a simple bullish signal but a clear indication of Bitcoin's true value positioning.

The logic behind this is quite straightforward. Once a country takes the lead in establishing Bitcoin reserves, other nations will face immense pressure — no one wants to fall behind in the digital asset reserve race. From a supply and demand perspective, when national-level demand enters the market, Bitcoin's scarcity will be significantly amplified, and an upward price trend is inevitable. However, one point to note: the scale of incremental demand is the real decisive factor. If large-scale corporate sell-offs hedge their positions, there will be short-term pressure.

This signal can be viewed from two angles. In the short term, expectations of national reserves will gradually encourage institutional accumulation, making Bitcoin's support levels more stable, and the probability of falling below $30,000 will decrease. In the long term, this is the first step in Bitcoin's transformation from a "speculative asset" to a "global reserve asset," and those who hold on may have the opportunity to reap long-term benefits.

Looking at BTC's recent trend, after more than a month of consolidation, chip turnover, and repeated liquidation of long leverage, the highs are continuously rising. It already touched $90,000 yesterday. Although there was a slight pullback today due to geopolitical factors, the overall oscillation cycle is nearing its end, and this level is worth paying attention to.