(2026 BTC will definitely be a bull market and will welcome an altcoin season)
The altcoin market is driven by the business cycle, so when the business cycle is at a low point, we will not see an altcoin season.
Everyone is saying, I can't believe we've been deprived of the altcoin season, it will never come again.
There are too many tokens, we can no longer have a good market, you can hear this complaint all day long.
It's not like that, it's essentially a macroeconomic issue.
Because when corporate profits rise and the business cycle strengthens, you will have more profits to invest, and you will channel these funds into higher-risk assets, which is actually a very basic rule.
Small-cap stocks follow the same logic, and the junk bonds and high-yield bonds markets are exactly the same, they all operate in the same way.
This round of the business cycle has been very weak.
Trump has also been saying that next year will be a bull market, why?
Because they will forcibly inject liquidity into the market, and also promote fiscal stimulus together.
If you think about it carefully, the U.S. is a service-dominated economy.
They will cancel the tip tax, which is a huge benefit for practitioners, just this policy alone will bring about $1.5 trillion into the banking system.
That 'big and beautiful bill' will directly produce such effects, and the SLR (supplementary leverage ratio) adjustment may allow the banking system to release $3-4 trillion in credit creation capacity.
These massive stimulus measures are all lined up and ready to go.
Why?
Because they want to win the election.
The rules of the macro game are that, right before the elections, the business cycle will be directly pushed up.
So we need to promote the cycle while also dealing with debt refinancing.
Various factors are overlapping.
This also tells you that our favorite, the 'shanzhai season', is actually still ahead.
