#机构投资者动向 The institutionalization trend is indeed accelerating. Bitfinex predicts that by the end of 2026, ETF assets will reach $400 billion. This figure reflects not only a change in the scale of funds but more importantly a shift in the nature of market participants.

Interestingly, Cantor Fitzgerald also issued a warning from another perspective — the market may face a new round of adjustment pressure, and prices could even test around $75,000. But this time, the decline will no longer be characterized by large-scale liquidations of retail investors, but rather by institutions rebalancing their positions.

What does this mean for copy trading strategies? To put it simply, the window of opportunity for chasing highs is narrowing, but the quality of traders is improving. Those who can maintain consistent profits during institutional entry cycles tend to have more solid strategic logic — not making money from market sentiment tides, but from the price differences in fundamentals.

Recently, I have been adjusting my copy trading allocations, reducing the weight of traders sensitive to short-term emotional fluctuations, and increasing the proportion of traders with longer holding cycles and strong stop-loss execution. Friends with a more aggressive risk appetite can moderately follow some volatility catchers, but be sure to set proper risk thresholds — in a bear market, accounts heavily leveraged can blow up faster than you imagine.

In the process of institutionalization, the simple logic for surviving copy trading is: find traders whose positions align with the big funds' direction, and then hold patiently.