The cryptocurrency market in 2026 may see a significant return of liquidity. A well-known analyst used a metaphor to illustrate this expectation: comparing the depletion of global liquidity to the harsh winter in Hokkaido, while the upcoming recovery is like the melting of spring snow. He believes that the new year is expected to witness a large-scale injection of US dollars into the market, which will provide ample funding support for crypto assets and the entire financial ecosystem. This optimistic market outlook is based on an in-depth observation of macro liquidity cycles, indicating that after a relatively tightening period, the capital markets are likely to enter a relatively loose phase.