Crypto’s Great 2026 Rotation: Clear Street Analyst OWEN LAU Declares the Rally "Has Legs"

Following a 44% drawdown from October 2025 to late February 2026, Clear Street analyst Owen Lau said on March 4, 2026, that the cryptocurrency market's recent surge "has legs."

Main Justifications

Lau notes that improved mood from regulatory progress under President Trump, more crypto integration with conventional finance, and growing institutional adoption are driving forces. Rising 8% in 24 hours, Bitcoin finished the previous "crypto winter" at above $73,000 amid these reasons.

Prospects and Rankings

Viewing 2026 as a change year, concentrating on adoption indicators, he keeps Buy ratings on Coinbase (COIN) and Bullish (BLSH) with Hold on Circle (CRCL). Though upbeat, some caution about possible bull traps from the above supply. Please summarize in 3 para

Viewing 2026 as a change year, concentrating on adoption indicators, he keeps Buy ratings on Coinbase (COIN) and Bullish (BLSH) with Hold on Circle (CRCL). Though upbeat, some caution about possible bull traps from the above supply.