Recently, the crypto market has seen a significant rebound, with Bitcoin's price breaking through $100,000 and mainstream coins like Ethereum rising in tandem. Contributing factors include: the United States and the United Kingdom reaching a trade agreement, rising expectations for interest rate cuts by the Federal Reserve, accelerated inflow of institutional funds (with Bitcoin spot ETF net inflows reaching $40.2 billion), and reduced supply after Bitcoin's halving. Additionally, the increase in Bitcoin whale holdings and the development of technologies like the Lightning Network have boosted market confidence. However, investors should remain cautious of tightening regulations, high leverage volatility, and the selling pressure from token unlocks. The market is optimistic in the short term, but careful handling of potential corrections is still necessary.