ByteBullResearch

Research firm Bit Mining remains highly bullish on Bitcoin, sticking to an ambitious price target for the close of 2026. Chief Economist Wei Yang views the ongoing pullback as temporary profit-taking rather than a fundamental shift, emphasizing continued institutional inflows via Bitcoin ETFs and maturing market infrastructure.
Institution2026 Price TargetAdditional ForecastKey RationaleBit Mining$225,000New highs in 2027ETF adoption, post-halving supply dynamics, reduced volatilityBernstein$150,000$200,000 by mid-2027Institutional resilience, no major leverage crashes, tokenization trends
Key Points from Bit Mining's Analysis:
"Orderly Correction": Unlike past cycles, there's no widespread deleveraging or platform insolvencies fueling the dip.Recovery Floor: Analysts peg a potential bottom around $60,000 in February 2026, setting up for a strong rebound.Dismissing Overhype: They counter narratives of Bitcoin being overshadowed by AI, noting shared tech advancements benefit the ecosystem.
⚖️ Balanced Perspective: CoinDesk's Cautious Stance
On the flip side, CoinDesk analysts highlight a lack of catalysts for sustained upside, adjusting expectations amid macroeconomic headwinds.
Institution2026 Price TargetNear-Term Downside RiskKey RationaleCoinDeskBounce possible but no major runDrop to $60,000 or belowStronger dollar, hawkish Fed, inconsistent ETF demandPrediction Markets (Kalshi)N/A31% chance below $60,000 by Feb 28Betting odds reflect elevated short-term risks.
Key Points from CoinDesk's Analysis:
Momentum Fade: Short-lived rallies are fading quickly due to persistent selling pressure and weak disinflation signals.
Revised Targets: Lowered year-end outlooks account for delayed rate cuts and softening US economic data.Positive Signs: On-chain metrics show gradual improvement, suggesting the downturn is more controlled than chaotic.
🔍 Core Elements Shaping the Forecasts
These varied predictions underscore several pivotal factors influencing Bitcoin's trajectory in 2026:
ETF Dynamics: Spot $BTC Bitcoin ETFs remain a barometer for institutional interest, with inflows potentially accelerating recovery.Macro Influences: Sensitivity to Federal Reserve policies, dollar strength, and global liquidity continues to drive correlations with traditional assets.Cycle Evolution: Experts agree the classic four-year halving cycle is diminishing as Bitcoin attracts more stable, long-horizon capital.
This roundup offers a fresh lens on evolving Bitcoin sentiment. Let me know if you'd like insights on altcoins or other market angles!

Bitcoin and Ethereum have seen some wild swings lately, with red dominating the charts and volumes spiking on the downside. It looks chaotic at first glance, but dig deeper, and the story shifts from panic to potential opportunity.
What the numbers actually say:
$BTC BTC's at $66,487.45 with a +1.6% 24h move, but that's after testing lows around $65,906.83. Volume's massive at $35B+, showing heavy action without full capitulation. $ETH ETH's holding $1,936.04, up 0.8%, with efficiency metrics suggesting overextended selling—RSI nearing oversold on lower timeframes, and sigma readings indicating statistical exhaustion. Highs hit $68,118 for BTC and $1,984 for ETH, but the pullback hasn't broken key supports yet.
In plain language: The sell-off looks aggressive, but underlying data points to absorption rather than outright collapse. Big players are stepping in, soaking up supply without letting prices crater further. It's not a fire sale; it's strategic accumulation in disguise.
This is what a maturing market looks like—post-halving shakes, institutional positioning, and retail getting flushed before the next upleg.
Does this mean moon time? Not yet.
Trends are still mixed: BTC's MACD showing early bullish divergence, but ADX confirms downtrend strength. ETH's facing similar, with bearish patterns on higher TFs. No reversal signal confirmed; we're in relief rally territory.
What it means is the dip is getting exhausted. Expect a short-term bounce to clear out shorts before any deeper probe. For BTC, watch the $65,800–$66,000 long liq zone below, then bounce targeting $67,400–$67,800 shorts. ETH's yellow cluster at $1,900–$1,920 could get swept, with upside to $1,950–$1,980. Market's priming to trap both sides.
Stay sharp. Trade the levels, not the emotions.
#Bitcoin #BTC #Ethereum #CryptoTrading #TechnicalAnalysis

何世紀にもわたり、金は保存の基盤であり、希少性と耐久性の物理的な証です。ビットコインは単なるデジタルの対等物ではなく、その進化的な後継者として登場します：デジタル時代のために設計されたネイティブ資産であり、金が決して再現できない能力を備えています。
コアの二項対立：静的資産対プログラム可能なプロトコル
基本的な分裂は物質的なものだけでなく、機能的なものでもあります。
金の価値提案：不活性。物理的な永続性、化学的安定性、歴史的コンセンサスにその力があります。これは価値の保存です。

Executive Summary: Blockchain intelligence platform Arkham, cited by ChainCatcher, has identified a significant on-chain movement involving Polychain Capital. Within a two-minute window, the established crypto fund received approximately 3.85 million PENDLE tokens from three separate anonymous addresses.


Transaction Breakdown:
The transfers occurred in rapid, sequential order, suggesting a coordinated action:
02:11: +1,098,619.92 PENDLE from 0x6478...02:12: +1,324,828 PENDLE from 0x21fB...02:13: +1,428,305 PENDLE from 0x981D...ByteBullResearch Analysis & Implications:
While the exact nature of the transfer (e.g., internal consolidation, OTC deal, collateral movement) is not publicly confirmed, movements of this scale by a major fund like Polychain Capital warrant attention.Signal of Strategic Positioning: Polychain is known for its fundamental, long-term thesis-driven investments. A sizable accumulation of PENDLE could reflect a continued or deepening strategic interest in the DeFi yield-tokenization sector.Market Impact Consideration: The tokens were transferred to the fund's known address, not sold on the open market. This action, in itself, is not directly bearish. However, it increases Polychain's holding, making their future actions (like staking, voting, or eventual distribution) a key variable for PENDLE's supply dynamics.Actionable Insight: For traders, this is a monitoring alert, not an immediate signal. The key is to watch Polychain's on-chain behavior with these tokens. Will they be moved to a staking contract or a liquidity pool? A lack of subsequent selling pressure could be construed as a neutral-to-bullish holding pattern.Key Takeaway: This is a notable on-chain event that underscores institutional-level activity around PENDLE. It reinforces the asset's credibility but does not change the immediate technical picture. We are adding Polychain Capital's PENDLE holdings to our monitoring list for future flow analysis.

Trade Thesis Validated: Our earlier entry on $TAO identified a high-probability setup. As anticipated, price action is now confirming the strength of this move. This is not merely a scalp; the evolving structure suggests significant potential for a extended swing trade.


Technical Rationale: Why This Setup Stands Out
The trade's quality is evidenced by a confluence of reliable factors:
Structure Holding: Key support and resistance levels are being respected, indicating controlled, institutional-style price action.Volume Confirmation: Moves are supported by notable volume, lending credibility to breakout attempts and reducing the risk of false signals.Precision in Momentum: $TAO has demonstrated a history of clean, decisive movements when its technical parameters align.Forward Outlook & Risk Management
Our entry was secured from an optimal risk-reward position. As momentum develops, we will:Manage the Trade: The initial scalp thesis is now gracefully evolving. We will trail stops to protect capital and lock in profits while allowing room for the swing potential to materialize.Monitor for Continuation: The focus is on sustained momentum above critical breakout levels. A decisive hold here could open the path for the next significant leg up.ByteBullResearch Perspective: Patience and discipline were key in entering at the right level. Now, the strategy shifts to disciplined trade management. This setup possesses the foundational elements for a substantial move—we will let the trend develop while rigorously managing our downside.