Crypto Analysts Discussion: Bitcoin Bottom Taking Shape, Smart Money Starts Accumulating Ahead of the 2026 Market

Chainfeeds Guide:

“The market may be underestimating the scope for rate cuts; there will be more rate cuts next year than the market currently expects.”

Source:

Author:

TechFlow by Deep Tide

Opinion:

Miles Deutscher: The panic selling in the market is nearing its end. The four-year cycle has never truly existed. Rate cuts are basically a certainty. Some sovereign funds are on standby; they gradually increased their positions at 120,000 and 100,000, and I know they bought more at 80,000. The core driving force of the bitcoin market is liquidity, not lines on technical charts or indicators like the 50-day moving average. Bitcoin is essentially a “liquidity sponge” that absorbs liquidity from the market. The market may be underestimating the scope for rate cuts; there will be more rate cuts next year than the market currently expects. The current market performance is more related to the macroeconomic environment than to internal bitcoin events. We are currently in a bottoming phase, and in the coming months or even quarters, the market is more likely to break upward rather than continue to fall. After the market experiences major fluctuations, there will inevitably be selling pressure when it first rebounds to key resistance levels. What truly matters is how the market reacts to these key levels, not just whether the price breaks through or falls below these points. Banks gradually opening up cryptocurrency to their clients is a long-term global trend. Financial institutions will eventually have to compromise and join the cryptocurrency trend; this has become inevitable. If you are a country or a sovereign fund wanting to accumulate bitcoin, you definitely wouldn’t announce it publicly at first—not until you are satisfied with your holdings, and perhaps never, because you don’t want to be front-run. Bitcoin is gradually becoming an attractive tool for long-term diversification. Bitcoin-backed loans may be a sign of bitcoin’s gradual legitimization as an asset class. The main source of selling pressure for Ethereum comes from treasuries; as long as they continue to hold, ETH may outperform in the short term. A significant advantage of prediction markets is that they allow you to trade the same underlying assets as traditional markets, but without the risk of liquidation. The trading logic of prediction markets is simply yes or no; this simplicity lowers the investment threshold and also reduces unnecessary risks. Prediction markets are a very basic but effective way of market trading, especially in some less liquid areas, such as pre-market trading. It may be one of the most product-market-fit innovations in the crypto space today.