This article summarizes a series of recent events in the crypto market, which indirectly drives cryptocurrencies into an uptrend phase.

1. The upcoming US election: Historically, elections bring regulatory changes and increased market volatility, which often create opportunities for cryptocurrency traders.

2. Interest rate cuts: Central banks are preparing to cut interest rates, thereby reducing the attractiveness of traditional investments and driving investors to high-risk assets such as cryptocurrencies.

3. Global ETF adoption: The approval of Bitcoin ETFs in major markets has changed the rules of the game, providing institutional investors with an easy entry point into the cryptocurrency field.

4. FTX spending: The ongoing FTX crisis may lead to huge payouts to creditors, injecting new liquidity into the market.