Haseeb Qureshi, a partner at Dragonfly, stated that retail investors have largely exited the current crypto market, with institutions acting as the market bottom and supporting Bitcoin's price. He pointed out that Bitcoin is being viewed as a mature asset with sustained growth potential over the next 15 to 20 years, while altcoins need a clear narrative to regain retail attention. He also stated that the core of the crypto industry remains money and financial scenarios, with DeFi, stablecoins, exchanges, and RWA exhibiting strong user stickiness. With the integration of AI technology, intelligent agents may play an intermediary role in transactions, thereby increasing overall adoption, with low-risk-averse users potentially becoming the main source of incremental growth.