In an interview, the Bitwise CIO stated that there has been a lot of recently overlooked positive fundamental news: progress in litigation regarding strategic Bitcoin reserves, steady progress in stablecoin legislation, discussions on market structure legislation, and the White House crypto summit. These factors should have pushed Bitcoin's trading price to $150,000-200,000 .

However, short-term economic uncertainty has suppressed the market, preventing these positive factors from being reflected in prices. He emphasized that if this suppression is lifted, Bitcoin will quickly release its power like a compressed spring, quickly setting new historical highs and rushing towards $200,000 by the end of the year.

He concluded that the forces supporting Bitcoin demand already exist, requiring no additional conditions. Strong inflows into ETFs, continued increases in corporate holdings (such as MicroStrategy), and gradual participation at the national level all form the foundation for Bitcoin's rise. The key lies in the dissipation of the economic gloom.