#美联储重启降息步伐 The night when USDT suddenly broke 7, the group chat exploded. Some people shouted to sell, others anxiously asked if it was safe—but think calmly, did you enter this space for the exchange rate spread, or for asset appreciation?

Take last night, for example: ETH surged 10% in a single day—doesn't that return beat obsessively watching the RMB exchange rate?

This current downturn isn't just a routine correction; it's the result of two underlying forces at work:

First—The Fed's policy pivot is imminent.
Trump is pushing hard for Hassett to take over, and aggressive rate cuts are no longer just speculation. The market now gives a nearly 90% probability for a December rate cut. Expectations of a weakening dollar keep growing, the RMB is strengthening in response, and the U price simply can't withstand the pressure.

Second—Regulators are tightening the gray channels for stablecoins.
Recently, there's been a clear increase in scrutiny over forex conversion routes. Large amounts of funds are being forced to exit and convert back to fiat for risk aversion, causing a sudden surge in supply and naturally driving prices down in the short term.

But here's the interesting part—why is U falling while coins are rising?

The answer lies in a shift in the market's underlying logic:
A weakening dollar + rising expectations of loose liquidity = crypto assets once again becoming a safe haven for funds. If you look back at history, before every major bull run, U price goes through a period of pressure—that's the classic "signal before dawn."

Retail investors are panic selling, while seasoned players are quietly accumulating—
Stocking up on U while the exchange rate is discounted, and when it returns to 7.5, that's an easy 10% profit margin.

Which side are you on? $ETH $SOL $ZEC