This conclusion is actually the same as what I said three times before that the current situation is an atypical bull market, because from the perspective of monetary policy and liquidity, since the interest rate hike in 2022 until now, the overall liquidity has been at a relatively low level, which does not conform to the rhythm of excessive liquidity in bull markets. But both BTC and the US stock market are reaching new highs, partly due to policy support. Whether it's the approval of spot ETFs or the birth of cryptocurrency presidents, they have injected a lot of buzz, increased purchasing power, and reduced selling rates. On the other hand, the emergence of AI is almost synonymous with the expectation of the third industrial revolution, driving the rise of technology stocks while also driving the rise of cryptocurrencies such as Bitcoin due to their similar structures, and this rise is not due to how strong the liquidity is. So essentially, it is still an atypical bull market, with tech stocks and BTC experiencing a bull market, while other stocks and altcoins are still in the low liquidity range of a bear market. But from the current situation, it seems that we are gradually shifting towards a comprehensive bull market. It should be the process of darkness before dawn now, but it may not be the darkest time yet. Bitget VIP， Lower rates and more generous benefits