The bear market has lasted for 80 days, and many people are hoping that the crypto market can turn around by 2026. However, a recent trend has raised some concerns—next year, the US stock market may see several mega IPO shows, which could divert funds away from the crypto market.

What are these? First, a certain aerospace company with a valuation of 1.5 trillion is a rare sector stock in a decade. Coupled with leading companies in the AI field, the latest financing round valued at 180 billion, and it is almost certain to go public next year. There’s also the most famous AI company, with a conservative valuation of 500 billion, widely expected to officially list on the US stock market in 2026.

If these three players go public simultaneously, can you imagine how attractive it will be? Retail investors will be distracted, institutions will allocate, and funds will inevitably flow out. For the crypto circle, this means liquidity will be diverted to traditional markets, making the days of altcoins even harder. So, Dao Zhang, please hold back.