Interestingly, leading investment banks recently mentioned a hypothesis in their year-end reports — that Bitcoin might be brewing a prolonged downtrend, potentially plunging into a "winter" by 2026. While this outlook sounds pessimistic, the underlying logic is worth pondering: market dominance is quietly shifting from retail-driven to institutional control. Interestingly, decentralized finance (DeFi) has not stagnated; various DeFi projects continue to accelerate their iterations. This indicates that the entire ecosystem is diverging — prices may face pressure, but infrastructure and application layers are actually laying the groundwork.

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MemeTokenGeniusvip
· 2h ago
Winter of 2026? Nice way to put it, but it's just an excuse for institutions to accumulate positions at low prices.
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MercilessHalalvip
· 3h ago
2026 winter? It took several rounds to believe such a statement
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BearMarketHustlervip
· 3h ago
Institutions are taking over retail investors' positions; I've seen this trick many times... However, DeFi is still making moves, and the winter might actually be a good time to lay the foundation.
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