#2026年比特币价格展望 On-chain data shows that in recent $BTC price movements, the Asian market’s funding power is significantly stronger. According to analyst Murphy’s observation of the RMMPC indicator (Regional Monthly Price Change Indicator), since mid-December, Asian funds have been making large-scale interventions, driving Bitcoin to quickly rebound after reaching $85,000.

However, the current rebound is not yet aggressive enough, mainly because American funds have not caught up. The impact of year-end holidays does exist, but once the US market’s money starts to become active, the situation could change markedly.

This pattern has been seen before. Before the market surge in March last year, Asian funds took the lead, followed by the US, and the combined efforts of these two forces created that level of rally. The current situation is somewhat reminiscent of history repeating itself — it all depends on when the US market will truly step in.