The Secret Behind the Issuance of USDT in the Currency Circle: How the Market Is Boiled #Bitcoin#Blockchain#Correspondence Circle#Transaction#Financial#Finance#Ethereum#Bull Market

The currency circle has been rising happily recently, not because of a sudden "sing bull market" but because there is a wave of invisible water that has been quietly released. This water is USDT. Many people think that the price of currency rises because "there are big players who are optimistic" and "institutions enter the market", and they end up chasing news. Actually, this is just the surface. The real underlying logic is that the market's water level has changed and liquidity has been filled. Just like a pond, no matter whether you put a small or a big fish in it, as long as the water level rises, the fish will be much more active. So how to add water? ——issuing money. Recently, USDT (stablecoins) have been issued in large quantities. These new USDTs are not idle on exchanges, but are directly flowing to institutions and custodians. These places are like dams, and once they start to put water into the market, the liquidity will be sufficient all of a sudden. Why is the water released so strong this time? There are three reasons: The macro environment has been relaxed: the employment data is still strong, the Fed's attitude is not as tight as before, and the market's risk appetite has suddenly become bigger. Institutions have money to find exports: the stock market and bond market returns are mediocre, and digital assets have become a new test site. Stablecoins are the fastest bridge: it is very slow to enter the currency circle, but if it is replaced by USDT, it can instantly wet the market like water. So you will see that BTC and ETH take off at the same time, and many small coins also become popular. This is not luck, this is the logic of water level. The key is that water can carry a boat, but it can also overturn it. When liquidity comes, you will feel that you can make money by buying and earning the market, and you will be overwhelmed with confidence, and even want to go there. But if the water is pumped away one day, such as USDT rebate, institutional lockdown, and policy tightening, the market will immediately lack oxygen and the decline rate will be faster than you think. This is why many old players do not guess the top and bottom every day, but instead stare at the "faucet" and "drain outlet". Who is sending USDT? Where is the water flowing? When will it slow down? These signals are more reliable than any internet celebrity calling orders. The truth is: the core driving force of the market is often not the stories in the news title, but the changes in liquidity behind it. If you understand this, you won’t be swimming naked in the pond when the water recedes. So, next time the market suddenly becomes active, don’t ask “who pulls the market” first, and see where the water comes from. When the water is big, the fish will jump by itself; when the water is gone, the fish will not jump up no matter how big it is. What do you think? Do you usually watch the water level changes when you are watching the market, or do you only look at the price jump?