According to online reports, according to The Block, Bernstein analysts released the latest research report pointing out that driven by U.S. policy support and increased participation of institutional investors, the current cryptocurrency bull market cycle may continue into 2027. Analysts expect bitcoin prices to reach the $150,000 - 200,000 range in the next year. The research report raised the target prices of several cryptocurrency-related listed companies: it raised the target price of Robinhood to US$160, optimistic about the institutional user base brought by its acquisition of Bitcoin Era; set the target price of Bitcoin stock Coinbase at US$510, and expects its derivatives business expansion to drive growth; maintaining Circle's target price of US$230, its USDC stablecoin supply is expected to reach US$173 billion in 2027.