#比特币价格走势 Analyzed the latest report from Grayscale, and there are several key points worth noting. First, it is predicted that Bitcoin will hit a new high in 2026, which is related to the current changes in market structure. Institutional funds are mainly flowing into ETFs and crypto treasury companies, rather than retail investors and trading platforms. Second, a more than 25% correction is not uncommon in a bull market and does not necessarily indicate a long-term downward trend. Finally, the macro environment is relatively favorable, with potential interest rate cuts and bipartisan support for crypto legislation in the US, which could provide market support. Overall, the medium to long-term outlook appears to be optimistic. However, close attention should still be paid to institutional fund flows and regulatory developments to verify the accuracy of this prediction.