#加密市场周期与长期趋势 Just saw Fidelity's 2026 outlook, and the keyword is "new paradigm"—this statement really struck a chord with my thoughts!

From a game theory perspective, once a country includes Bitcoin in its foreign exchange reserves, the pressure for other countries to follow suit will grow exponentially. This is not just an investment move but a paradigm shift in monetary policy. Imagine adding such a decentralized digital asset to reserve assets; the discourse power structure of the entire financial order is quietly being reshaped.

However, Fidelity also offers a very prudent reminder—short-term speculators should indeed be cautious, but for participants who believe in long-term value, entering now is not too late. Regarding whether the four-year cycle will disappear, Fidelity's stance is "wait and see," and I actually think this is the most rational approach. Fear and greed will not disappear; the cycle's manifestation may evolve, but the underlying driving forces remain.

What truly excites me is this sentence: traditional fund managers may currently be "only scratching the surface." The entry of these institutions has just begun, and what we see may only be the tip of the iceberg. What does this mean? It means the story ahead will be far more exciting than it is now.

Long-term optimistic, patient holding. The Web3 narrative is not about short-term price fluctuations but about the historical process of this financial democratization movement.