Four Major Factors Driving the Crypto Market Rally, Can the Bull Run Continue?

　　According to BroadChain, at 10:16 on April 23, Cointelegraph reported that Bitcoin and Ether prices rose significantly today. The main drivers were U.S. liquidity measures and record-breaking inflows into spot ETFs, which partially offset investor concerns about economic recession and geopolitical tensions in Iran.

　　The market rebound can be attributed to four core factors: expectations of Federal Reserve liquidity, continued strong net inflows into spot Bitcoin ETFs, temporary alleviation of some macro risks, and a technical breakout above key resistance levels. These factors collectively boosted market risk appetite.

　　However, whether the bull market can maintain control remains in question. Geopolitical uncertainties and potential fluctuations in economic data could reverse the current optimistic sentiment at any time. The subsequent trend will closely depend on macro policy movements and the sustainability of capital flows.