According to @business, Chinese households are returning to equities due to a lack of other attractive options, and analysts expect the stock-buying trend to continue through 2026 (source: Bloomberg/@business). For crypto traders, direct spillover into BTC and ETH from mainland savers remains structurally limited because mainland cryptocurrency trading and related services have been banned since September 2021 (source: People’s Bank of China, Notice on Further Preventing and Handling the Risk of Speculation in Virtual Currency, Sept 24, 2021).

According to @milesdeutscher, there is significant technical confluence around the 8,600 dollar level, marking it as a key price target for traders. source: @milesdeutscher on X, Aug 12, 2025 He adds that 8,600 is a reasonable target sometime between 2025 and 2026, implying roughly a 2x move from current levels at the time of posting. source: @milesdeutscher on X, Aug 12, 2025