币界网报道：Bitcoin remains stable above $104,500 despite geopolitical tensions, with analysts divided on market signals. CryptoQuant warns of potential drops to $81,000 if demand weakens, citing declining ETF flows and whale accumulation. Glassnode interprets the quiet blockchain activity as institutional adoption, noting derivatives now dominate trading. Flowdesk sees a "coiled" market, highlighting growth in tokenized assets like gold-backed XAUT. Meanwhile, Presto Research defends Crypto Treasury Companies (CTCs) like Strategy and Metaplanet, arguing their financial engineering reduces traditional risks. Semler Scientific plans to aggressively expand its BTC holdings to 105,000 by 2027, though its stock struggles. ETH consolidates near $2,490, while Visa expands stablecoin services in EMEA. Anthony Scaramucci predicts Solana may surpass Ethereum.