Exchange Report: Bitcoin May No Longer Experience Long-Term Drops of 70–80%

The latest report from a certain exchange analyzes that Bitcoin typically fluctuates with global stock markets and high-growth thematic assets during risk repricing cycles, mainly due to portfolio rebalancing and liquidity management. Tether CEO Paolo Ardoino stated that compared to previous cycles, the Bitcoin market now has deeper liquidity, higher institutional participation, and an increase in regulated investment instruments, making it more resilient after periods of pressure. The report predicts that in 2026, Bitcoin may experience volatility due to changes in AI sentiment or risk repricing events, but increased institutional holdings and improvements in market structure will prevent long-term declines of 70–80%.