According to reports from Wu, Standard Chartered Bank has released a report stating that driven by ETF 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 may rise to $200,000 by the end of the year. The bank indicated that the market has broken away from the old pattern of price corrections that followed the halving period of 18 months, but there may still be short-term fluctuations from the end of the third quarter to the beginning of the fourth quarter.