#市场方向与资金流向 Seeing this prediction from James Wynn, my mind flashed back to scenes from 2017. Back then, countless influencers shouted various 2x, 10x targets, with capital frantically pouring in from traditional markets. The result? History gave us the answer.

But this time has some details worth pondering. He first said doubling in 60 days to 175,000, then later scaled back to "at least retesting the 50-week moving average"—this shift itself is quite thought-provoking. From extreme predictions to relatively conservative technical judgment, it reflects the real fluctuations of market sentiment and represents the rational return of professional investors.

More critically, the underlying logic—capital flowing from stocks, real estate, precious metals at historical highs toward BTC. I heard similar narratives at the end of the 2020 bull market, and there was indeed cross-asset rotation back then. The question is: how long can this rotation last, and is what's flowing in real money or leverage games?

The 35% decline itself is a signal. In previous cycles, similar adjustments often confirmed mid-term bottoms. If there really is institutional-level capital considering asset allocation switches, then the recent bottom zone becomes particularly important. A 10% rebound sounds conservative, but from the few cycles I've experienced, this "at least" phrasing typically means downside space already has pricing consensus.

The key is still watching real capital flows, not the predictions themselves. Time will tell.