The recent rebound in the cryptocurrency market reflects investors' optimism about future economic prospects and technological innovation. On one hand, the slowdown in U.S. inflation data and the possibility of peaked interest rates have made risk assets like cryptocurrencies favored once again. On the other hand, the approval of Bitcoin spot ETFs, the smooth advancement of Ethereum upgrade plans, and the entry of more institutional investors have injected confidence into the market. Additionally, the development of application scenarios such as Web3, DeFi, and NFTs has also led to a resurgence of capital flow. Although there are still uncertainties regarding regulations and risks of market volatility, the overall atmosphere has clearly shifted towards optimism, indicating that the cryptocurrency market may be entering a new growth cycle.