Today, this picture went viral in the English section, roughly indicating that JPMorgan Chase has released research suggesting that mainstream cryptocurrencies have shifted from being driven by retail speculation to relying on institutional investors. They intuitively stated that in the past, early new projects in the cryptocurrency industry were first raised through private equity financing, pushing up valuations, and then retail investors would buy at high levels. But JPMorgan Chase believes that this phenomenon has come to an end. Nowadays, these projects rely on institutional investors to stabilize cash flow, reduce currency price fluctuations, and form long-term market prices. The days of relying on individual investors to take over the market are over. But the good news is that they cited the viewpoint that BTC will reach $240000 in the long term, which is equivalent to 2.7 times the current price.