Opinion: The Market Needs Multiple Factors to Resonate for a Sustained Rally

BlockBeats News, November 7, analyst @AxelAdlerJr posted that for the market to return to a risk-on trajectory, it requires not just a single piece of positive news, but sustained bullish signals driven by multiple factors working together. U.S. Treasury yields must stabilize or decline to boost market confidence. Meanwhile, the fear index should narrow to 14-16, credit spreads should tighten, and the upward momentum of gold should weaken—this would mean that safe-haven assets are no longer the only obvious choice.

For cryptocurrencies, this means that: Bitcoin finds solid support and stops falling around $100,000, spot ETF resumes net inflows, and its status as a global high-beta asset is reestablished. The macro narrative must shift from loss control to seizing opportunities—the market does not need paradise, it just needs to avoid new crises: a controllable financial environment, no signs of severe recession, and no unexpected new policies from central banks.

When 3-4 of these elements are met simultaneously for at least 1-2 trading days without new shocks, a new and sustainable risk appetite emerges.