The market remains long-term bullish thanks to the halving cycle (the most recent halving in 2024, followed by 2028), continuous ETF inflows, institutional adoption (such as MicroStrategy, large funds), and the role of "digital gold." However, 2026 is in a correction/consolidation phase after the 2025 bull run, with additional pullback risks if macro conditions worsen (high inflation, high interest rates, recession).
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The market remains long-term bullish thanks to the halving cycle (the most recent halving in 2024, followed by 2028), continuous ETF inflows, institutional adoption (such as MicroStrategy, large funds), and the role of "digital gold." However, 2026 is in a correction/consolidation phase after the 2025 bull run, with additional pullback risks if macro conditions worsen (high inflation, high interest rates, recession).