There are several reasons why this year is a bull market:

(Additions welcome)

1. usdt/usd continues to enjoy a premium, with the premium rate currently reaching more than 3%

2.coinbase launches inscription market query function

3. After the passage of the Bitcoin spot ETF, the incremental funds of the ETF continue to support the price of the pie.

4. Bitcoin production will be halved this year

5. Ethereum ETF is expected to increase

6. The Bitcoin ecosystem has been implemented and the trend has been formed

7. The Fed’s expected interest rate cut is likely to come true this year

8. From historical experience, U.S. elections tend to go higher in election years.

9.