#数字资产生态回暖 Analysts have pointed out that 2026 could be a challenging year. Bitcoin is expected to fall back to around 70,000, while Ethereum may hover around 2000.

The logic behind this is actually not complicated—global central banks' attitudes are shifting. Entering 2026, major economies such as the US, Europe, and Australia tend to maintain steady interest rates, and Europe and Australia are even evaluating whether to further hike rates. This is because the interest rate cut cycle in 2025 was indeed too aggressive, and countries have a feeling of "pressing the accelerator too hard."

As a result—US stocks, European stocks, gold, silver, and the cryptocurrency market all saw a significant rally in 2025. But the problem is, this liquidity release won't continue forever. Major markets are already approaching neutral interest rate levels, and there will be no new incremental funds to support them going forward.

So at least in the first half of next year, the market is unlikely to be optimistic. $BTC $ETH $BNB these assets may all face pressure.

From a trading perspective, long-term holders can consider moderate profit-taking or shorting during rebounds; for short-term trading, it's wave trading—consider 1x short positions during obvious rebounds, with manageable risk and avoiding liquidation; don’t rush to panic if caught in a downturn, as the bear market will eventually pass. Persistence is victory.