#机构投资者比特币配置 Seeing Michael Saylor and Bitmine's moves, you can truly feel the pace of institutions accelerating. Saylor continues to increase holdings, and Bitmine added 98k ETH in one week, directly surpassing the 4 million mark. These are actions that retail investors can't do—behind them is a logic of real gold and silver allocation.

The most interesting part is the review from IOSG, with data that hits hard: institutional holdings at 24%, retail investors retreating at 66%, and the turnover completed. Many are still debating the "top of the bull market," but the strategies of institutions have long changed—they're not looking at price, but at cycles. Continually building positions at high levels indicates their allocation window and retail investors' panic window are completely out of sync.

This gives me significant inspiration for choosing who to follow. I previously suffered losses by following some aggressive short-term traders, but now I am increasingly inclined to observe experienced traders who follow the rhythm of institutional allocation—not necessarily blindly following institutions, but understanding their logic. If the first half of 2026 truly is a policy honeymoon period, the allocation strategy should be adjusted a month in advance. In the short term, patience is needed in the $87,000-$95,000 range. Institutional building positions can be frustrating, but the market trends that emerge from this often turn out to be the big ones.

The key now is to control risk expectations and avoid being cut by short-term fluctuations.