#交易流动性 Large-scale encrypted bull markets have a common point: they all occur simultaneously with a massive injection of liquidity into the global economy. These liquidity surges are not random events, but are initiated by central banks and fiscal authorities, pulling one or more of the following macro levers:

Interest rate cuts – Reducing borrowing costs to encourage debt-driven growth

Quantitative easing (QE) – Central banks purchasing government bonds to inject cash into the system

Forward guidance (commitment to not raise rates) – Influencing market sentiment by releasing expectations of low future interest rates

Lowering reserve requirements – Increasing the amount of funds banks can lend

Easing capital regulations – Reducing constraints on institutions taking on risk

Loan forbearance policies – Maintaining credit flow even in the presence of defaults

Bank bailouts or backstops – Preventing systemic collapse and ensuring stability.