Morgan Stanley just called for a "risk reboot" in 2026, is the US stock market going to da moon?

The target price for the S&P 500 is 7800 points, a 15% increase from now. The core logic is just these three - tax cuts + interest rate cuts + AI continues to burn money. Corporate profits are expected to rise by 17%, which sounds pretty appealing.

On the cryptocurrency side, institutions are also gearing up. There is a 50% chance that Bitcoin will soar to $200,000 before June next year, and some even say the four-year cycle has turned into a five-year cycle, with the main focus on Q2 2026. SOL is being snatched up by institutions due to its scalability, and it is estimated to reach $400-500. L1s like Sui and Avalanche have some room for imagination in enterprise applications and subnet technology.

But the problem is - the current market fear index is still low, and macro volatility + regulatory uncertainty hangs like a sword over our heads. The differentiation between altcoins and mainstream coins is particularly obvious, and there are signs that retail money is gradually flowing back into Bitcoin.

So whether this wave is a "risk restart" or "another harvest" depends on whether regulation and macro factors can remain stable.