#比特币价格预测 Brazil's Itaú Bank recommends a 3% Bitcoin allocation ratio, which is a noteworthy data point. From an institutional allocation perspective, this reflects a gradually increasing recognition of BTC as a risk asset in traditional finance.

However, it is important to analyze several dimensions calmly: firstly, a 3% allocation is actually relatively conservative — it is neither aggressively bullish nor dismissive of its asset properties; secondly, such recommendations usually reflect institutions' hedging needs against macro factors like inflation and exchange rate fluctuations, rather than pure price expectations.

On the current on-chain data level, the key is to observe the movements of large addresses and the flow of funds in and out of exchanges. If institutional allocations increase, corresponding signals should be visible in whale wallets and exchange cold wallets data. Such positive news needs confirmation from on-chain trading volume and position structure to be more meaningful.

It is recommended to focus on tracking the capital inflow and outflow rhythm over the next few weeks, rather than solely judging the trend based on news.