#数字资产行情上升 2026 start of the year, Bitcoin completed a round of structural cleansing amid deep market adjustments.

$BTC $ETH

The deleveraging wave at the end of last year completely flushed out weak long positions accumulated in the market. The current market structure shows obvious changes —

**Several key signals worth monitoring:**

Institutional-grade ETF capital is flowing in steadily, with major players not fleeing; futures trading activity is gradually recovering, experienced traders are beginning to reposition; the options market sentiment has clearly shifted to bullish expectations, implied volatility has already compressed to low levels, which typically signals action brewing in the market; dealers are ramping up short Gamma positions at high strike prices, and the logic behind it is clear — they're betting on volatility expansion.

These details strung together point to one meaning: the market's defensive posture is switching to attack mode.

While the current accumulation pace isn't aggressive yet, from a fundamental perspective, the bottom structure is solid enough. Compared to the confusion from earlier in the year, the upside potential and clarity of expectations have improved considerably.

The 2026 opening shows a relatively stable pattern. How do you see the upside potential of this rebound?