Recently, the US Dollar Index has been weakening, and global liquidity also seems to be gradually improving. The crypto market is indeed showing some signs of recovery. But here comes the question—is this rebound just a flash in the pan, or is it really the beginning of a new long-term bull cycle?

I've seen quite a few people discussing this from the perspectives of macro environment, capital flows, and on-chain data. To be honest, market sentiment is pretty delicate right now. Some are calling it a "bottom-fishing opportunity," while others are wary of a "bull trap." There’s a roundtable discussion on this topic at 8 PM on December 9, where several experienced analysts will break things down from multiple angles to see whether there’s any structural support behind this rebound.

For ordinary investors, what’s probably needed most right now isn’t blind action, but a rational assessment of where we are and your own risk tolerance. Market turning points rarely announce themselves in advance, but at the very least, you can do more homework with data and logic.