Analysis: Altcoin Season Unlikely to Happen in 2026, 'Blue Chip Survivors' Will Win in the End

Comparative news, according to CoinTeleGraph, CoinEx Research chief analyst Jeff Ko said that the typical altcoin rally may weaken next year. Only “blue chip” cryptocurrencies can obtain the vast majority of liquidity, and retail investors who expect all altcoins to benefit will be disappointed.

Ko anticipates a moderate positive trend in global liquidity in 2026, but differences in central bank policies will dampen this benefit. Since the launch of the ETF in 2024, Bitcoin's historical sensitivity to M2 money supply growth “has weakened and is becoming less relevant.”