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Today’s market shows several noteworthy signals. The Bank of Japan adopted a relatively moderate approach to interest rate hikes, avoiding panic selling, which indicates that the market has already priced in the macroeconomic expectations. At the same time, the new CFTC Chairman’s statements appear relatively friendly, and the regulatory tone seems to be adjusting, sending some positive signals for the long-term development of crypto assets.
On the other hand, leading exchanges like Coinbase are beginning to release industry outlooks for 2026, with the general logic that the narratives of payment infrastructure and AI will continue to heat up. From the institutional holdings actions, many major players are already positioning themselves for long-term tracks. The macro environment is stable, regulatory expectations are improving, and combined with the enthusiasm of institutional capital deployment, overall market sentiment is becoming more stable.