#2026年比特币行情展望 Recent on-chain data combined with macro trends have once again validated my previous assessments.

When geopolitical moves happen in the US, the safe-haven attribute of the dollar instantly erupts, directly pushing down the pound and euro. But that's just the surface story. The really interesting stuff is on-chain — several major addresses I’ve been tracking have been doing one thing continuously over the past 24 hours: converting stablecoins into $BTC and $ETH, especially through cross-chain bridges into DeFi liquidity pools outside US regulation. What does this indicate? While top-tier funds are buying dollars for safe-haven purposes, they are secretly hedging long-term against "de-dollarization." The surface story and the underlying story are completely different.

The euro is weak, and the eurozone relies on fiscal stimulus to support itself — these analyses are correct. But this line of thinking is still somewhat superficial. The real logical chain is this: Sovereign risk continues to accumulate → Trust in traditional fiat systems keeps eroding → Cryptographic assets (especially BTC) will inevitably rise in importance as non-political reserve tools. If the eurozone engages in fiscal stimulus, it will ultimately accelerate liquidity spillover, with some of the money eventually flowing into the crypto space.

In the short term, the strength of the dollar will continue to suppress risk assets — this is a fact. But every geopolitical shock adds bricks to the long-term store of value story for crypto. Being shaken out by daily chart liquidations isn’t worth it; truly smart on-chain funds are quietly accumulating chips. When the market reacts, those who have already laid out their positions will be ready to harvest. $ETH