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Recently, there have been many signals worth paying attention to in the market. Citigroup's analysis team released a 12-month target price prediction of $143,000 for Bitcoin, while setting $70,000 as a key support level. This reflects an expectation that the US digital asset regulatory framework will gradually improve, and institutional attitudes towards cryptocurrencies are clearly shifting.
From on-chain data, an Ethereum address that hasn't moved in over a decade recently transferred out 2,000 ETH, worth approximately $5.96 million. Interestingly, this address initially invested only $620, and now the return on investment has reached 9,616 times. This long-term holding wealth effect indeed demonstrates the underlying value logic of high-quality crypto assets.
The true actions of institutions speak more convincingly. The Bitcoin treasury company Hyperscale Data, listed on the NYSE, is launching a financing plan with a maximum raise of $50 million, with all funds used to increase Bitcoin holdings and expand data centers. This genuine influx of capital indicates that the "long-term accumulation" strategy at the institutional level has already taken shape.
When the market is influenced by various short-term emotions, these incremental positive signals continue to lay a foundation. Large institutions and whale-level accumulation actions have not stopped. If historical patterns are meaningful, the next phase of upward potential could be greater than expected.