Ansem expects risk assets to face difficulties in the fourth quarter of 2026 and says the crypto market has not yet bottomed. According to Odaily, he expects U.S. stocks may soon see a relief rally, but most recently leading crypto tokens may still retest this summer’s lows. He said he will watch price action at those levels before deciding whether to turn optimistic, describing them as important references for assessing the next market cycle. If the lows hold, he sees the bull market potentially gaining momentum again around the second quarter of 2027; if prices fall below them and continue making new lows, the recovery could be delayed further.