The alt-season in 2026 is cancelled
Chief analyst of CoinEx Research Jeff Ko believes that the market will no longer see the usual model "growing all the time". Liquidity will become selective and will go only to the "blue chips" with real application, and not to the entire market of violas.
According to him, the inflow of capital will not raise all assets at the same time. In addition, he notes that after the launch of spot ETFs, the correlation of bitcoin with the growth of the money supply (M2) has significantly weakened, which changes the logic of cycles.
The basic CoinEx scenario for 2026 is the growth of BTC to $180,000, but without the classic alt-season.
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