Recently, the cryptocurrency market has shown signs of rebound, ending months of sluggishness. Influenced by the easing of the global tariff war and reduced macroeconomic uncertainties, market sentiment has improved. Bitcoin (BTC) has broken through the 200-day moving average, driving other major cryptocurrencies up, with the total market capitalization of non-BTC cryptocurrencies rising from $950 billion to $1.2 trillion, an increase of about 26%. Technical analysis indicates that the 1-hour and 4-hour charts have broken through key resistance levels, enhancing buying momentum in the short term. Industry analysts believe that this round of rebound is driven not by a single positive factor but by the market digesting the 'worst-case scenario' of tariffs and a natural recovery, combined with technical buying pressure. Institutions like Coinbase predict that the market may further stabilize in the latter half of the second quarter, with a potentially larger rebound in the third quarter. However, global fiscal tightening and regulatory pressures still exist, and investors need to maintain defensive strategies, paying attention to subsequent economic data and policy trends.