Standard Chartered: If progress goes smoothly this week, BTC may never fall below $100,000 again

According to ChainCatcher, Standard Chartered Bank stated that "if things go smoothly this week," bitcoin may never fall below $100,000 again. Analyst Geoffrey Kendrick pointed out that the bitcoin-to-gold ratio has rebounded to slightly above its previous level. This ratio compares the market capitalization of bitcoin to that of gold, and it rises as bitcoin's market cap grows.

Another key signal of renewed market strength is that spot bitcoin ETFs are expected to see new capital inflows. If even half of the funds flow back into bitcoin ETFs from Monday to Wednesday this week, it would be a strong sign of renewed market sentiment. In recent weeks, capital inflows into bitcoin ETFs have lagged behind those of gold ETFs, and "some catching up is needed."