End-of-year core CPI has already fallen to 2.6%, and the shadow of high inflation has finally eased considerably. Market expectations for continued rate hikes have also been significantly revised downward, giving funds a chance to catch their breath — many are starting to shift their focus to alternative assets, with Bitcoin gradually emerging as the "digital gold" role.

In simple terms, if the Federal Reserve's upcoming quantitative easing policy is implemented, liquidity will flood into the financial markets, and that’s no small matter. The historical data is clear: Bitcoin's average return in the first quarter can reach around 50%, often accompanied by a rebound from previous volatility. Central banks' focus is also shifting — from strictly defending against inflation to prioritizing growth, and the story around Bitcoin is shifting from "defensive" to "bullish."

Interestingly, although there was a wave of capital outflows by the end of 2025 (Bitcoin ETF net outflows of $6.3 billion in November), institutional enthusiasm has not cooled down. Companies like MicroStrategy continue to increase their holdings, having bought an additional 11,000 Bitcoins worth $1.1 billion early in 2025. Medium-sized holders are also adding to their positions in the first quarter, and this proactive buying amid turbulence signals that — whether large institutions or medium-sized funds — confidence in Bitcoin's long-term prospects is still rising.