#VanEck this year we consciously refrained from making forecasts on crypto for 2026 — limited ourselves to the phrase "we wish everyone good luck".

And it doesn't look like a joke.

👀 When one of the largest asset managers doesn't want to put numbers:

• or uncertainty is off the charts (macro, rates, regulation),

• or there are upcoming events that break classical models,

• or they do not want to be publicly tied to a scenario.

📉📈 At such moments, the market usually becomes:

• sharp,

• unbalanced,

• with large liquidity distortions.

🧠 In short:

when loud forecasts disappear — risks grow, but opportunities also become asymmetric.