A rebound is not a full bull market, but a "structural reflow"
From the perspective of capital flow, the rebound at the beginning of 2026 is not a widespread bloom, but a typical structural reflow market. Capital is prioritizing assets with "high certainty and clear narratives," such as BTC, ETH, and leading infrastructure projects, rather than a full-scale sweep. This indicates that the market is becoming more mature. Funds are no longer chasing pure concepts but are inclined toward assets with good liquidity and manageable risks. The performance of altcoins will be highly differentiated, and only projects with solid fundamentals and real use cases will have sustained rebound potential. This rebound is both an opportunity and a test for retail investors: the opportunity lies in the early stage of trend correction still offering value, while the challenge is that choosing the wrong direction can lead to "index surges, accounts stagnant." The keyword for the beginning of 2026 is not "sharp rise," but "reflow and filtering."
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#加密市场开年反弹
A rebound is not a full bull market, but a "structural reflow"
From the perspective of capital flow, the rebound at the beginning of 2026 is not a widespread bloom, but a typical structural reflow market. Capital is prioritizing assets with "high certainty and clear narratives," such as BTC, ETH, and leading infrastructure projects, rather than a full-scale sweep.
This indicates that the market is becoming more mature. Funds are no longer chasing pure concepts but are inclined toward assets with good liquidity and manageable risks. The performance of altcoins will be highly differentiated, and only projects with solid fundamentals and real use cases will have sustained rebound potential. This rebound is both an opportunity and a test for retail investors: the opportunity lies in the early stage of trend correction still offering value, while the challenge is that choosing the wrong direction can lead to "index surges, accounts stagnant."
The keyword for the beginning of 2026 is not "sharp rise," but "reflow and filtering."