#Strategy加仓BTC $BTC what will the market look like in 2026? The key to this question really boils down to one thing—institutional funds.

You can pretty much judge by the inflow of ETFs. If this continues to see incremental capital entering the market, the price increase won't be bad. The fundamental reason is simple: at this scale, Bitcoin is no longer a game that retail investors can play. Institutions have long become the main players, and banks are also positioning themselves.

The most critical one is BlackRock. I noticed last November that they were offloading, and at that time I predicted a bear market was coming, and they have been shorting ever since. I also mentioned before that when you see BlackRock start accumulating at low prices and buying back, the bull market is truly returning.

Currently, other institutions are gradually selling off, but BlackRock is still actively accumulating. So the question becomes—will BlackRock continue to add positions this year? If they do so aggressively, reaching the $100,000 to $110,000 range for $BTC is not a dream.

But the market in 2026 is actually quite subtle. Because in 2027, a new halving cycle is coming soon. So, whether 2026 is a real bull run or just preparing space for the 2027 market, it’s still uncertain. It all depends on how funds play the game.