一代高人

The cryptocurrency market in 2026 shows a rare and significant divergence in viewpoints among professional institutions, with both optimistic and pessimistic expectations coexisting. Meanwhile, the global regulatory landscape is also undergoing significant changes, especially as China has recently reiterated its strict regulatory stance.
I have sorted out the core viewpoints and key influencing factors of the current mainstream institutions for your reference.
📈 Optimistic View: The Era of Institutionalization Begins
Institutions represented by Bernstein and JPMorgan remain optimistic about the 2026 market, believing that the current pullback is a good opportunity for positioning.
· Bernstein: Extremely optimistic. Reiterates that the target price for Bitcoin by the end of 2026 is $150,000. Believes that the current decline is the 'weakest bear market', triggered by a crisis of confidence rather than structural issues, and is optimistic about institutional adoption and the improvement of ETF infrastructure.