Regarding whether the crypto market can usher in a true super cycle in 2026, my judgment is straightforward— the deciding factor is not about interest rate cuts, liquidity easing, institutional crypto reserves, or ETF inflows, which are common topics.

The core logic is simply this: the macro environment determines whether prices go up or down, but CLARITY is the key variable that decides whether there will be a super bull market.

Many people focus on policy and capital factors, but they actually overlook the most important factor—market confidence. To achieve a truly significant market movement next year, what is needed is clarity and certainty in market expectations. CLARITY—this high level of certainty—can stimulate the market’s aggregating effect.

Interest rate cuts are just background noise; CLARITY is the main theme.