All major crypto bull markets share a commonality: they coincide with a massive injection of liquidity into the global economy. These liquidity surges are not random events; they are initiated by central banks and fiscal authorities, pulling one or more of the following macro levers:

- Interest Rate Cuts – Lowering borrowing costs to encourage debt-driven growth

- Quantitative Easing (QE) – Central banks purchase government bonds, injecting cash into the system

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

- Lower Reserve Requirements – Increasing the funds banks can lend

- Easing Capital Regulations – Reducing restrictions on institutional risk-taking

- Loan Forbearance Policies – Maintaining credit flow even in the event of defaults

- Bank Bailouts or Backstops – Preventing systemic collapse and restoring confidence

- Massive Fiscal Spending – Government directly injecting funds into the real economy

- Release of U.S. Treasury General Account (TGA) Funds – Injecting cash from the Treasury's account into the market

- Overseas QE and Global Liquidity – Actions by other countries' central banks affecting the crypto market through capital flows

- Emergency Credit Facilities – Temporary lending tools established during a crisis

These actions not only drive up traditional assets but also trigger what Jesse refers to as a 'speculative frenzy.' Cryptocurrencies, being the highest-risk but also the most potential assets in the system, often benefit the most.