Identified as a winner that will benefit from institutional eligibility under the new act.

Significant skepticism regarding the disconnect between high ecosystem spending and low network revenue/adoption, with projected price declines from historical highs.

Breaking a descending wedge with an expected 10-15% move.

Included as a commodity, facilitating institutional adoption with lower legal friction.

Formed a higher floor compared to the last bear market; worth watching for outperformance in the next cycle.

Held its floor well and recovered most losses; worth watching for the next cycle.

Identified as a digital commodity, benefiting from the graduation process from security status.

Officially classified as a digital commodity by the SEC and CFTC.

Considered a key asset for a potential market 'super cycle' driven by sentiment.

Removed from the 'security' label hinderance, aiding institutional adoption.