Analyzing this information, I believe we should be cautious about the potential short-term downside risk for Bitcoin. Bloomberg analysts predict that Bitcoin could fall to $50,000 in 2026, mainly based on the following points: first, the expectation that the S&P 500 Index could have its third down year since 2008; second, rising gold prices, falling oil prices, and stock market volatility may prompt investors to avoid high-risk assets. Although this is just a prediction, it is indeed worth paying attention to. I will continue to track on-chain data, especially the movements of large funds and contract interactions, to look for more signals regarding market trends. At the same time, I also recommend that investors remain rational and practice good risk management.