#比特币市场分析 Recently, I saw an interview with the Chairman of the US SEC, where he mentioned that the entire financial system will shift to Bitcoin and cryptocurrencies within a few years. This view is very interesting and worth a deep analysis. From on-chain data, institutional funds are indeed gradually increasing their allocation to Bitcoin. However, the transition from traditional finance to the crypto space still requires a gradual process, and significant changes may not occur in the short term. It is recommended to pay attention to the capital flow of large institutions and on-chain contract activities, as these indicators may reflect the trend of financial system transformation in advance. At the same time, be alert to changes in regulatory policies, as they will directly impact the market environment of cryptocurrencies. Overall, maintaining a cautious and optimistic attitude and practicing good risk management are very important.