#比特币2026年行情展望 Bitcoin broke through $97,924 and stabilized above $95,000, but this rally is completely different from previous ones — it's not retail following the trend, but supported by a comprehensive institutional framework.

Let's look at some of the driving forces behind this surge:

First, MicroStrategy continues to increase its holdings. Investing another $1.25 billion, they purchased an additional 13,627 BTC, bringing their total holdings to 687,000 BTC. This is no longer just an investment decision but treating BTC as a core asset in corporate financial strategy — the key is that the market is copying this approach, with more and more institutions following suit.

Second, ETFs have become the main channel for capital inflow. A net inflow of $840 million in a single day, the highest in three months. Traditional finance has shifted from a "try it out" mentality to "regular allocation." Pension funds, sovereign wealth funds, and other major players are incorporating Bitcoin into their long-term asset allocation plans.

Third, macroeconomic factors are also helping. CPI remains stable at 2.7%, and inflation isn't as alarming, with expectations of rate cuts strengthening. Policy risks are decreasing, giving institutions more confidence to increase their exposure to risk assets.

From a technical perspective, the bullish-to-bearish ratio has soared to 5.77, and market sentiment is now extremely optimistic. The support line at $94,500–$95,000 has now become the new bottom line for institutional accumulation.

Essentially, this reflects a significant shift: Bitcoin has transformed from a "wild asset" into a "standard allocation" for institutions. Giants like BlackRock and MicroStrategy continue to increase their holdings, not just buying Bitcoin itself but also gaining control over the market’s pricing power.

Interestingly, at the same time, another path is also unfolding. Some forces do not rely on balance sheets or macro data but instead leverage community-driven grassroots actions to turn the energy of crypto into tangible social value. Without managing hundreds of billions of dollars, they possess something even more scarce — a group of people promoting education and public welfare around the world. They prove that true consensus comes not only from capital voting but also from small actions that make the world a better place.

This is the current panorama of the BTC ecosystem: the parallel forces of institutionalized finance and community empowerment, creating a situation where neither can easily dominate.