#机构采用与配置 Recently, Citibank's report left me a bit confused. They downgraded the target prices of some crypto stocks but then said they are optimistic about the entire industry? 🤔 What does that really mean...

Later, I figured out that the underlying logic is that institutions and traditional financial giants are about to enter the market! Citibank analysts mentioned that projects like Bullish will benefit from the increasing participation of institutional investors, especially large capital in the US. This is quite interesting — a short-term price decline might be just volatility, but in the long run, these companies have the opportunity to attract institutional involvement.

What caught my eye the most was Circle Financial. Although dropping from $243 to $83 is a bit shocking, Citibank still reaffirmed this target price. Does this mean that those optimistic about the future of the crypto industry are quietly positioning themselves?

Honestly, as a newbie, I can easily be scared by short-term fluctuations, but seeing such professional institutions remain confident makes me feel more at ease. I feel that institutional participation will make this market more mature and regulated. Maybe as newcomers, we can feel more secure entering? Can any experts help me understand what institutional adoption really means for the market?