Senior Wall Street analyst Tom Lee recently made a heavyweight prediction: the Federal Reserve is likely to shift its policy stance around 2026, gradually moving from the current tightening stance to a dovish one.

This shift may sound like a numbers game, but what does it really imply? Once policies loosen, financing costs will decrease accordingly. This is not just a numerical change—corporate financing pressures will ease immediately, and investment confidence will also pick up. What's next? Companies will be more proactive in planning capital expenditures, and hiring activity may accelerate.

For investors, this means risk assets could gain new support. Stocks, bonds, and cryptocurrencies will all experience different capital flows in this broader context. Interestingly, market reactions to policy shifts often precede the broader sentiment change—seasoned investors tend to position themselves early.

Looking back at history, whenever there are clear signals of policy shifts, they often herald the start of a new market cycle. Will 2026 become such a watershed? For now, paying close attention to the performance of risk assets like BTC, BIFI, TNSR might be worth deeper consideration for investors.