According to reports from Wu Shuo, Standard Chartered Bank has released a report stating that driven by ETF fund inflows and corporate demand for purchasing Bitcoin, it is expected that Bitcoin will reach a new high of $135,000 in the third quarter and could rise to $200,000 by the end of the year. The bank stated that the market has broken away from the old pattern of price corrections 18 months after the halving, but short-term fluctuations may still occur from the end of the third quarter to the beginning of the fourth quarter.