Recently, there has been an interesting phenomenon in the crypto market—large institutions are showing a high level of consensus on the cycle outlook for the next few years.

Let's look at the specific numbers. Several industry insiders have given a consistent forecast: Bitcoin targeting $200,000, and Ethereum aiming for $9,000. This is not just wishful thinking but a deduction based on on-chain capital flows and institutional deployment.

Even more intriguing is the cycle theory. The traditional 4-year halving cycle may be rewritten. The new outlook points to a slow bull market spanning about 10 years—big funds are quietly positioning themselves, while retail investors often haven't realized it yet. The timing window for this wave of dividends is actually longer than most people imagine.

Key mindset: a significant pullback (such as 30%) is not a big deal in this cycle. Those who can hold onto high-quality assets will ultimately be the happiest. Many people die before dawn because they can't keep their composure.

Looking further ahead, there is a more aggressive target circulating within the industry—Bitcoin reaching $1 million within five years, possibly even faster than expected. This has become a collective narrative, based on network effects and institutional acceptance.

It is worth noting that the movement of large funds is quietly happening. Now is a good window for deployment. Missing this opportunity might mean waiting another four years, which could be quite costly.