#比特币反弹 Conclusion: Short-term oscillations with upward trend, medium-term continued bullishness, but not a one-sided surge. Focus on oscillating new highs and pullback corrections.
1. Core Logic for Bullish Outlook (Strong Support)
- Halving Cycle + Scarcity of Supply: After the 2024 halving, inflation rate is only 0.9%. Historical patterns show that 12–18 months post-halving is the main upward phase, and we are still within this cycle.
- Institutional + ETF Inflows: Spot ETF flows have shifted from net outflow to net inflow. BlackRock, Fidelity, MicroStrategy continue to increase holdings, s