The reasons for the current market rebound can be attributed to two main factors: first, changes in macroeconomic expectations. In December of last year, the market generally expected that there would be four interest rate cuts in 2024, but now the expectation for rate cuts has dropped to 1-2 times, and many officials and institutions have begun to mention interest rate hikes. This macroeconomic negative backdrop has led to a outflow of funds from Bitcoin ETFs, with over $6 billion flowing out for two consecutive days. Second, the Federal Reserve's monetary policy easing has stimulated the market. Although the Federal Reserve has clearly stated that it will only consider cutting interest rates if inflation decreases, the unexpected news was that the Federal Reserve is considering pausing or slowing down quantitative tightening, which has had a certain stimulating effect on the market. As a result, both the U.S. stock market and the cryptocurrency market experienced a rebound last night. #你看好哪一个山寨币ETF将通过？