To evaluate the cryptocurrency market's anti - risk ability as an independent market when global financial market systemic risks increase, factors such as its correlation with traditional financial markets need to be considered. If the correlation is low, it may have a certain degree of independence. Also, the market's liquidity depth, the diversity of its investor base, and the robustness of its underlying blockchain technology all play roles. A market with deep liquidity, a diverse investor base, and strong technology may be more resilient to external systemic risks.