#稳定币市场动态 Looking back at the crypto market over the years, I’ve witnessed too many ups and downs. Now, seeing Bitcoin once again at a critical turning point, I can’t help but feel a lot of emotions. Bullish or bearish? The $103,500 price level is indeed crucial. But what really catches my attention is the movement of USDT. Its market share has broken through a long-term downtrend, and its supply is still contracting—this is not a good sign. History tells us that this kind of performance from stablecoins often signals market upward pressure. We’ve been through so many bull and bear cycles; every time we think this time is different, but the cycles are always so similar. Investors, don’t let short-term fluctuations cloud your vision. Look into the mirror of history, and maybe you’ll see the road ahead a bit clearer.