#数字资产市场动态 2025 is definitely not a bear market; it's a great time for retail investors to get on board.

Some say the crypto market is difficult this year: Bitcoin is adjusting, altcoins are plunging, while silver has risen 130%, gold 66%, and the Nasdaq 20.7%. But this is an illusion. What’s really happening is a historic transfer of power — the 1.4 million Bitcoins sold by retail investors are being absorbed by institutions and listed companies. This level of absorption is unprecedented in crypto history, similar to how the stock market shifted from retail to institutional dominance. After short-term pain, a rally is just around the corner.

Why is now a good time to act? Three core reasons support this:

**The policy window has truly opened.** The US crypto regulatory order has been implemented, a regulatory framework for stablecoins is in place, and there are plans to establish a strategic Bitcoin reserve. More importantly, the probability of the related Market Structure Act passing before 2027 is as high as 77% — this is not just talk.

**Institutions are just beginning to position themselves.** Currently, institutional holdings in BTC ETFs account for only 24%, with giants like pension funds and insurance companies still watching. Once they start entering the market, the impact will be significant.

**Good projects are now affordable.** A year of correction has squeezed out bubbles, and the buying prices of some quality projects are even lower than early institutional positions — this is an opportunity.

Of course, risks haven't disappeared: actions by the Federal Reserve, US dollar appreciation, and uncertainties around the 2026 midterm elections could cause volatility. So, don’t go all-in at once; it’s smarter to buy in stages. In the short term, focus on the Bitcoin range of $87,000–$95,000, where institutions are aggressively buying. Mid-term, consider RWA and L2 projects with real application scenarios. High leverage and aircoins are better avoided.

Industry experts are quite optimistic about 2026: some see $180,000, others expect $175,000–$250,000, and some say new highs could be reached in the first half of the year. All these predictions are based on one logic — continuous inflow of ETF funds and accelerated institutional allocation.

Crypto investing is a marathon, not a sprint. The adjustments in 2025 are building energy for next year’s explosion. Every pullback now is an opportunity for ordinary investors to catch up with institutions.