Yesterday's surge in the cryptocurrency market may be related to the following two factors:

New pull-up strategy: According to the search results, the project parties in the currency circle have created a new way of pulling up the market through projects such as Ton and Sui. This strategy involves the project party pulling up the market at a low level, and then selling it to institutions through OTC (over-the-counter trading) at a 60% discount. The institutions need to gradually unlock these tokens. The project party uses these funds to further pull up the market, and then sells it to institutions again through OTC at a higher price, and continues to use the raised funds to pull up the market. The final result of this strategy may be difficult to say who loses, because institutions may realize arbitrage through contract hedging, while individual investors need to grasp the exit opportunity. Before the large-scale unlocking of institutions and in a bull market environment, it is possible to make money, but for investors who do not have a deep understanding of the market, this strategy may eventually return to calm. Short-term operators need to pay attention to the unlocking of institutions in a timely manner and grasp the exit opportunity.

Political support: Harris and other politicians' support for cryptocurrencies may have a positive impact on the market. As more and more politicians express their views on cryptocurrencies, the market is full of expectations for future developments. This political support could have a profound impact on the market, as political factors often have a significant impact on the cryptocurrency market. For example, Trump has said that he wants to use Bitcoin as a U.S. monetary reserve asset, which could be good news for Bitcoin