Crypto is a high-beta game. When liquidity comes back, it usually arrives late in the cycle — and this time it may line up with big IPO narratives like SpaceX, Anthropic, and OpenAI.

The last 4 years trained people to flip fast and trust nothing. But bull markets usually start with strong coins leading first, then liquidity spreads.

We’re already seeing that in names like $HYPE, $NEAR, and $VVV.

Most people won’t hold long enough.

Let’s revisit this at the end of 2026.

NFA.