#交易对 All major crypto bull markets share a common feature: they all occur simultaneously with a massive injection of liquidity into the global economy. These liquidity surges are not random events but are initiated by central banks and fiscal authorities, pulling one or more of the following macro levers:

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

Quantitative Easing (QE) – Central banks purchasing government bonds to inject cash into the system

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

Lowering Reserve Requirements – Increasing the funds banks can lend

Relaxing Capital Regulations – Reducing the limits on the risks institutions can take

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

Bank Bailouts or Backstops – Preventing systemic collapse and restoring stability.