The real crypto bull market has not yet begun, as the global economy has not entered a phase of large-scale liquidity injection. A major bull market typically requires the following conditions:

Interest rate cuts: Lower borrowing costs to stimulate the economy.

Quantitative easing: Central banks print money to buy government bonds, increasing cash in the market.

Commitment to low interest rates: Central banks imply a future of keeping interest rates low to boost confidence.

Lower bank reserves: Banks can lend more money.

Relaxation of capital restrictions: Encouraging venture capital.

Loan grace periods: Preventing defaults and maintaining credit flow.

Bank bailouts: Avoiding collapse of the financial system.

Large-scale government spending: Directly injecting funds into the economy.

Treasury release of funds: Increasing cash supply in the market.

Global central bank easing: Easing policies from other countries affecting the crypto market through capital flows. Emergency loan facilities: Providing temporary funding support during crises.