Looking at Bitcoin's decline and altcoins' crash, many are pessimistic about the crypto market in 2025. Meanwhile, silver has risen 130%, gold 66%, and the Nasdaq 20.7%, making the market seem unplayable. But this is just the tip of the iceberg.

The real story is happening beneath the surface—retail investors are selling off on a large scale, while institutions and corporate treasuries are absorbing the supply. Just this year, 1.4 million Bitcoins have been absorbed by institutional forces. Such a scale of absorption has never occurred in crypto history. The stock market once experienced a similar transfer of power from retail to institutions, followed by a structural surge after the adjustment period.

Why is now a golden window? There are three reasons:

**Policy is easing.** The US has implemented crypto executive orders and a regulatory framework for stablecoins, and strategic Bitcoin reserves are in planning. Legislation related to market structure has a 77% probability of passing before 2027. This is not empty talk; it’s real policy support.

**Institutions are just beginning to deploy.** Currently, institutional holdings in BTC ETFs account for only 24% of AUM. Large funds like pension funds and insurance companies are still on the sidelines. Once they enter, what kind of momentum will the market have? The potential is enormous.

**Valuations of quality projects have returned to reality.** After more than a year of adjustment, the accumulated bubbles have been squeezed out. Many projects with genuine technology and applications now have entry costs even lower than the early institutional positions.

Of course, risks are still present. Changes in Federal Reserve policies, a strong dollar, and uncertainties around the 2026 mid-term elections could all trigger increased market volatility. So don’t rush in all at once. Gradual accumulation is the wise choice.

In the short term, focus on the $87,000-$95,000 range for Bitcoin—this is the core accumulation zone for institutions. Mid-term, pay attention to RWA, L2, and other tracks with real application scenarios and heavy institutional holdings. Avoid high leverage and aircoins.

Many major institutions in the market have set target prices for 2026. Some see $180,000, others range from $175,000 to $250,000, and some predict new highs in the first half of the year. The logic behind these forecasts is similar: continuous inflow of ETF funds and accelerated institutional allocation.

Crypto investing is like running a marathon, not a 100-meter dash. The correction in 2025 is actually building up energy for the explosion in 2026. Every pullback is an opportunity for ordinary investors to get closer to the institutional rhythm. The key is to stay calm, keep a steady mindset, and buy when the time is right.