Conversation with Gracy Chen: The biggest change in the crypto industry is the shift of pricing power to Wall Street and institutions During Token 2049 in Singapore, Bitget CEO Gracy Chen unveiled Bitget's three key focuses for this year: 1. UTA (Unified Trading Account) for institutional clients, enhancing capital coordination and flow efficiency. 2. GET Agent, offering users real-time market data and account-level portfolio analysis, with the ability to read historical and position data at the UID level, providing customized recommendations, and a limited-time trial. 3. The UEX concept, covering the full asset trading landscape of CEX/DEX and RWA through product offerings, aligning with the industry's CeDeFi integration trend. She stated that the bull market is not over yet. The global M2 hitting new highs and the start of an interest rate cut cycle have brought liquidity easing. U.S. crypto-friendly policies and potential national-level allocations will provide incremental buying power. Especially after the approval of spot ETFs, Bitcoin's pricing power has shifted from miners to institutions and Wall Street, with volatility centers becoming more stable.