The next script is likely to be like this.

The policy has loosened, and some crypto-friendly bills have been passed one after another. The market quickly senses the signal and starts to speculate on the expectations of "system dividends," which is nicely termed as regulatory clarity, meaning everyone is starting to bet on the incremental funds brought by legalization.
Then, as the bill is truly implemented, what was originally just good news on paper begins to transform into a real liquidity entry. For example, banks can act as custodians, brokers can conduct business, and stock-coin trading will allow money that previously couldn't enter to come in on a large scale in a legal and compliant manner.
At the same time, there are beginning to be expectations for interest rate cuts on a macro level. The market understands that this round of tightening has put a lot of pressure on everyone, and once it shifts, it will be a collective revaluation of assets, signaling a turning point in liquidity, with the crypto market often reacting faster than traditional markets.
When interest rate cuts actually begin, real money starts to flood the market, raising the water level. Assets like cryptocurrencies, which are driven by sentiment, become the most direct beneficiaries. As prices strengthen, market confidence quickly returns.
Next comes the scene that everyone is most familiar with: once the price stabilizes and starts to break through historical highs, the FOMO sentiment is like lighting a powder keg; everyone is afraid of missing out and wants to get on board. Those who previously said "the bull market is over" start to chase prices while shouting, "this time is different."
Market sentiment has been completely ignited, dead project teams are starting to revive, KOLs are streaming at full frequency, and various narratives are taking off. Once the profit-making effect emerges, those outside the market can't sit still, and even those who previously believed that the cryptocurrency circle was a scam are starting to find channels to open accounts, build positions, and buy, buy, buy.
The market ends the divergence and starts to unify in a bullish sentiment, everyone believes that the eternal bull market has arrived, and then the bull market ends. #打榜优质内容#