#数字货币市场洞察 USDT has dropped below 7 RMB, are you panicking?

Honestly, a lot of people have asked me about this today. But look at ETH, it just pumped 10%. The real pros have already been busy taking profits—who’s still obsessing over those minor exchange rate fluctuations?

But this time, it’s actually pretty interesting—USDT to RMB really broke below 7.0. Even veteran crypto players say they've never seen this before. What’s happening is actually a tug of war between two forces:

On one side, there’s the whole Federal Reserve situation. The current chair might get replaced, and if a newcomer steps in, there’s a high chance for aggressive rate cuts. The market is now betting with a 90% probability on a rate cut in December, and next year could be even more drastic. If the dollar weakens, the RMB naturally strengthens, so USDT prices come under pressure.

On the other side, domestic regulations have tightened recently. Cross-border capital and those gray-area operations are being heavily restricted. A lot of people are panic-selling USDT, so when supply surges, the price obviously can’t hold up.

But here’s the weird part—USDT is dropping, but crypto prices are rising?

That’s the key. All that global liquidity needs somewhere to go, and the crypto market is a huge pool right now. Plus, cracking down on gray-area funds is actually cleaning up the market, making compliant capital more willing to come in. Historically, every bull market was preceded by USDT price pressure, which is often a sign of capital rotation.

Newbies see USDT dropping and want to bail, while veterans see it as an opportunity—buy USDT below 7.0, wait for the exchange rate to rebound to 7.5, then switch portfolios and profit from both the exchange rate difference and the price increase.

What do you think? Let’s chat in the comments.

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