Second is the Amillennialists view, and believes that Jesus is reigning now since His resurrection, that there is no literal thousand-year millennium before or after Christ returns to earth (Rev. 20:1-6).

People with this view usually subscribe to the Historicist view. They see an allegorical or symbolic approach to prophecy. The major proponents are Covenant and Reformed theologians, and most mainline denominations. Since there is no literal thousand-year reign, Millennium refers to the preeminent reign of Christ in this age, covenant, or dispensation (Rev. 6:9-10; 20:5).

The resurrection of the Christians refers to the new life in Christ and/or their life in eternity of Heaven (Rom. 6:8-11; Eph. 2:6; Col. 3:1-4). They believe that Satan is bound already and is limited in his activities here on earth (John 12:31; Col. 2:15). They believe that the rapture and the Second Coming are simultaneous events and realities to come as Christ returns to earth before the millennium.

There is a splinter group, Dispensational Premillennialism, which believes that the Second Coming occurs in two stages; the first is the rapture of the church, then after seven years, Christ returns with his church to rule on earth. This view has a literal interpretation of prophecy.