#策略性加码BTC Regulatory attitude has changed, and this time it seems truly different.

A senior executive at a major bank, Kendrick, recently signaled that once the relevant virtual asset legislation is finalized, the entire industry will usher in a clearer, more practically binding regulatory framework. But this isn't tightening—it's actually loosening the constraints on the DeFi ecosystem.

In other words, the ceiling for DeFi is about to be broken.

Kendrick's logic is straightforward: the real intention of the new legislation is to unleash the development potential of DeFi, and Ethereum will be the biggest beneficiary of this wave of gains. This isn't just talk—institutions are already betting on it.

However, reality isn't that simple. The same institution also said that due to Bitcoin's underwhelming performance, they have downgraded their mid-term forecasts for ETH from 2026 to 2028. Short-term sentiment is a bit complicated.

But what's interesting is—

"Long-term, we remain more optimistic about Ethereum's prospects relative to Bitcoin. Yes, there will be pressure in the mid-term, but we have raised our ETH target price for the end of 2029. More aggressively, by the end of 2030, ETH could surge to $40,000."

In summary: Bitcoin's short-term sentiment is restrained, there will be pain in the mid-term, but the long-term story still belongs to ETH.

Regulation has opened the door, DeFi provides demand, time offers compound interest—Ethereum's move is clearly a long-term play. $BTC $ETH $XRP