#牛市季来临 The virtual currency bull market is usually related to global market uncertainties, such as geopolitical events (like Brexit, nuclear tests) or periods of economic volatility. From 2016 to 2017, Bitcoin rose from $400 to $20,000, triggering an explosion of blockchain applications, and the launch of financial instruments like futures accelerated its mainstreaming process. If a similar macro environment occurs (such as policy easing and rising demand for safe-haven assets), it may trigger a virtual currency market again, but it is necessary to pay attention to risks such as regulatory policies.