#加密市场反弹 **Cryptocurrency market strongly rebounds, multiple favorable factors drive the rise**

In April 2025, the cryptocurrency market experienced a significant rebound, with Bitcoin (BTC) breaking through $83,000 and Ethereum (ETH) returning above $1,600. AI concept tokens led the charge with an increase of over 15%, while sectors like DeFi and Meme also strengthened simultaneously. This rebound is primarily driven by the following factors:

1. **Favorable policy stimulus**: On April 10, the Trump administration announced a suspension of tariff increases and a reduction in tax rates for multiple countries, easing market concerns over trade conflicts. This resurgence in risk appetite directly propelled the rise of cryptocurrency assets.

2. **Enhanced liquidity expectations**: The market anticipates that global central banks will maintain accommodative policies, coupled with the possibility of the Federal Reserve restarting "money printing" to support the economy, injecting liquidity into the cryptocurrency market.

3. **Tech stock linkage effect**: The recovery of the U.S. tech sector boosted market sentiment, with cryptocurrency-related stocks (such as Coinbase and MicroStrategy) rising in tandem, reinforcing confidence in capital inflows.

4. **Cycle and technical corrections**: Institutions like Bitfinex predict that this bull market will peak in Q3-Q4 of 2025, with the post-halving cycle combined with oversold corrections driving the rebound.

Analysts point out that in the short term, the cryptocurrency market remains closely linked to the stock market, and attention should be paid to subsequent macro policies and institutional fund movements. In the long run, the U.S.'s crypto-friendly policies and innovations like RWA (real-world asset tokenization) may become continuous growth drivers. In terms of risk, caution is needed against market volatility and short-term profit-taking pressure.