Decanter reports that the fine wine secondary market showed more positivity in late 2025 after a long downturn, with early 2026 characterised more by stability than any new bull run, and trade voices expect prices to “bump along the bottom” through 2026. It highlights potential value in older, drinkable Bordeaux, especially 2009 and earlier, notes that 2021 Bordeaux has been cut to below ex château release levels, and flags higher risk opportunities in scarce, prestige names, while pointing to variables like interest rates, Asia demand, and the ongoing impact of US tariffs on EU wines.