Liquidity Restructuring and Institutional Consensus: Which Hypotheses Have Been Validated by Data from Bitcoin's Epic Rally?
Recently, the market has seen a strong bullish sentiment, with the core logic pointing toward a global liquidity inflection point and the large-scale entry of institutional funds. However, beneath the grand narrative of an "epic rally," a professional perspective is needed to penetrate the data surface, validate each hypothesis, and construct an actionable investment framework. This article systematically evaluates—based on on-chain data, macro indicators, and institutio
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