While most people are still waiting for signals, the funds have already completed their layout. At the beginning of 2026, Binance founder CZ made an important judgment at the Davos Forum: Bitcoin is about to enter a super cycle. This is not just another ordinary bull market, but a long-term trend that is different from the past. Previous bull markets were led by retail investors, characterized by high leverage and liquidity-driven, thus rising fast but falling even faster.
And this time, it's really different.
1. In the past, it was retail investors that pushed Bitcoin up, but now the market is being entered by long-term institutional funds such as Bitcoin spot ETFs, sovereign funds, family offices, and pension systems.
2. Veteran Wall Street strategist Tom Lee maintains his long-term judgment: the target price for Bitcoin remains $200,000. He believes that Bitcoin's narrative has never collapsed, but is just waiting for the final clarity on regulation and the macro environment.
More boldly, Tom Lee predicts that by the end of 2026, the price of Bitcoin may reach around $300,000, while Ethereum could exceed $20,000.
These predictions are not unfounded. The price of Bitcoin fits with the global M2 (broad money supply) curve when looking back three months, and there is currently a huge gap in this fitting trend. According to current market logic, once this gap is filled, Bitcoin's price is expected to reach $200,000.
3. The current rise in Bitcoin has a solid supportive foundation. As Trump pressures the Federal Reserve, concerns about the independence of monetary policy are intensifying, and risk-averse sentiment is rapidly rising.
Precious metals have already provided an answer: silver reached a historical high, briefly breaking $100; gold quickly approached the $5,000 mark. This reflects a repricing of global capital towards the U.S. dollar credit system.
The regulatory environment is also improving. For a long time, the main factors suppressing Bitcoin's valuation were compliance risks and policy uncertainties, but now, these risks are being gradually eliminated. Bitcoin is no longer an asset rejected by regulation, but is gradually being integrated into the mainstream financial system.
4. Increasing evidence shows that the traditional four-year cycle logic is weakening. The Fundstrat team found that the 'copper-gold ratio' and 'ISM manufacturing index', two traditional economic cycle indicators, have a correlation with the Bitcoin cycle that is even stronger than the halving cycle.
However, this time, both indicators did not follow the four-year cycle. The copper-gold ratio should have peaked in 2025 but did not; the ISM index has lingered below 50 for nearly three and a half years without peaking.
Summary recommendation: Investment strategy, long-term holding is the key.
From holding Bitcoin since 2016 to now, those who hold steadily are the biggest winners. Many people think they are smart and want to make short-term switches, but in over a decade of investment operations, just one mistake can lead to irreversible losses.
A smart strategy is to suggest holding at least 70-80% of your position steady and only taking out a small portion of your position to make asset switches every four years. This strategy may seem conservative, but it is key to maintaining stability in the crypto market.
As Bitcoin's price increase approaches saturation (for example, reaching $1 million), Ethereum's potential will gradually be released. As a 'world-class computer', Ethereum's network effect is more closely integrated with the digital economy, and in the long run, the market size of the digital economy will inevitably surpass 'digital gold'.
Bitcoin may enter a constant bull market in the future, with price growth resembling 'climbing stairs'—either sideways or upward, without significant downward fluctuations. The ROXOM organization has announced the launch of the world's first global securities exchange fully priced and settled in Bitcoin, allowing for the buying and selling of publicly traded stocks in Bitcoin in the future.
This is the signal of the trend. The total amount of Bitcoin itself is constant, while the assets it is priced against change. In the past, buying a house might have required 10 or 100 Bitcoins, but in the future, it may only require 0.1 Bitcoin.
When the economy worsens, U.S. stocks plummet, and during economic recession, if Bitcoin's digital gold attributes can be fully displayed, then the super cycle will truly arrive.
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