Global capital is undergoing a subtle reallocation. Do you feel this signal?

A notable phenomenon this year is the clear divergence in the attitudes of top institutions. BlackRock's CEO publicly stated that Bitcoin could reach $700,000, and Fidelity has openly said that traditional financial capital's involvement in crypto assets is "just beginning." These bullish voices from leading institutions stand in stark contrast to last year's conservative stance.

But there is another force at play in reality: the Federal Reserve's rate cut expectations are cooling down. The latest dot plot data indicates that only symbolic interest rate adjustments may occur throughout 2026, meaning liquidity conditions are unlikely to significantly loosen in the short term.

More worth paying attention to is the implicit capital flow. Observers have pointed out that funds flowing out of traditional safe-haven assets like gold are seeking new destinations, with the crypto market becoming a key focus. Meanwhile, high capital gains tax policies in certain regions (such as Italy's up to 33%) have actually driven institutions to adopt compliant strategies in blockchain and RWA (Real World Asset on-chain) sectors.

This creates an interesting paradox: institutions are long-term bullish on Bitcoin and crypto assets, but macro liquidity and policy environment uncertainties exist in the short term. Every mismatch in these expectations could trigger market volatility.

Historically, whenever smart money diverges, the market often brews a major turning point. Are the opportunities in 2026 more hidden in the long-term strategic layouts of institutions, or are they contained in short-term fluctuations of the macro cycle? This question may determine whether you can grasp the rhythm in your upcoming trades.