All major cryptocurrency bull markets have one thing in common: they coincide with massive injections 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 interest rates) – Influencing market sentiment by releasing expectations of low interest rates in the future