This judgment is not made out of thin air; the current macro environment indeed provides strong support. The Federal Reserve has paused interest rate hikes, rates are beginning to decline, quantitative tightening is nearing its end, and quantitative easing is set to start in early 2026—these signals are like the fuse igniting the bull market, coinciding perfectly with the global liquidity expansion cycle.

Looking at the data makes it clear. Inflation has dropped to 2.54%, and with disinflation and the slowdown of M2 growth, the Fed has ample room to "print money." Historically, the waves of growth in the crypto market in 2013, 2017, and 2021 all coincided with such liquidity windows. The current situation closely resembles those times.

Even more interesting is the accelerating de-dollarization trend. BRICS expansion, reserve currency transfers, and waning trust in fiat currencies have led a large amount of capital to flow into "neutral assets" like Bitcoin and Ethereum as safe havens.

On the industry level, there is also good news. Bitcoin has attracted significant institutional attention—BlackRock and Fidelity ETFs are raising funds, JPMorgan is accepting BTC and ETH as collateral, and Bitcoin's hash rate is hitting new highs. Ethereum is also doing well; after the Dencun upgrade, layer 2 solutions' fees have dropped significantly, and total value locked has doubled.

From a cyclical perspective, the 2024 Bitcoin halving marks the beginning of expansion, and by the end of 2025 to 2026, it will be the golden window for explosive growth. This rhythm aligns closely with past trends.

Some analysts boldly predict that by 2026, Bitcoin could reach $1 million, and Ethereum could break $100,000. Even if these heights are not reached, Bitcoin at $120,000 to $150,000, Ethereum entering the five-figure range, and other practical cryptocurrencies achieving 10 to 100 times growth are all worth looking forward to.

If the pattern of "Federal Reserve adjusting direction → quantitative easing → liquidity flooding → Bitcoin leading → Ethereum following → altcoins erupting → market frenzy → subsequent correction" plays out again, 2026 could very well be just the beginning of a new phase.

Want a piece of this feast? Now might be a good time.