🚨VanEck's Digital Asset Research Director Matthew Sigel recently stated: BTC is expected to challenge new all-time highs again in the next 12 months!🔥He mentioned that currently, the correlation between Bitcoin and the Nasdaq has reached its highest level in five years, with the US stock market remaining strong, which also serves as a significant driver for this round of BTC rebound.📈But what's really interesting is — the derivatives market isn't showing signs of extreme bullish frenzy. Whether it's futures or options, it's mostly about short covering and hedging needs; the market hasn't entered a "mass FOMO" phase. In other words, the rally might not be at its peak of madness yet.👀Additionally, the CLARITY Act has once again attracted market attention. If the bill progresses smoothly, the sentiment around altcoins could be reignited, especially for projects that have been long suppressed by regulations, potentially leading to a flow of funds back in.🚀📌On the positive side: clearer regulations + ongoing institutional interest indicate that the crypto market is gradually moving toward the mainstream financial system.📌But don't overlook the risks: currently, most institutions remain cautious about altcoins, especially projects lacking real-world applications and compliance support, which may continue to be phased out in the future. The market is no longer in the "blindly buy and make money" stage. The coins that can truly stand out are those that rely on capital, narratives, real-world implementation, and long-term value.💰