U has fallen below 7, while the USD to offshore RMB is still at 7.06, which is equivalent to a negative premium of one point. It was normal this morning. USDC has also fallen below 7, so it shouldn't be a USDT blowup. Not sure what's going on.
Recently, the appreciation of the RMB has multiple reasons. One is that it's the end of the year and many companies need to convert their foreign currency earnings into RMB. The main factors are the weakening of the US dollar, the end of QT, expectations of rate cuts rising, and the yen's interest rate hike—all contributing to the US dollar's weakness.

Last night, the US stock market experienced a big dump due to the market's disappointment over the failure to end the US government shutdown, with the Nasdaq at one point falling 2.5% and NVDA dropping 5%. During the decline of the US stocks, Crypto Assets did not follow the fall but instead made a Rebound, forming a double bottom pattern with the bottom on November 5.
The crypto market is more sensitive compared to the stock market, always dropping before the US stocks and rebounding before them as well. This happened multiple times last year, and this time also confirms this view.
As the

The interest rate will be cut at 2 AM tomorrow, and Powell will speak at 2:30.
Lowering interest rates is definitely a good thing. Although there is a process for the transmission of money, the financial market is very sensitive.
Interest rate cuts can either be preventive or an emergency response to a crisis. Although employment has declined, overall it seems okay. My personal judgment is that this time it is a preventive rate cut. The kind seen in March 2020 was an emergency cut, where rates were slashed by 150 basis points in two weeks, and the market still kept crashing.
Returning to the m

I once sold $MYX twice, once during the TGE initial offering and once when the alpha was warming up. I bought a little of various coins, but since they didn't show much progress, I sold them. If I hadn't sold, it would be worth 160,000 U now.
Although I know that even if I hadn't sold it at that time, I still wouldn't have it now, I'm still unhappy. I can only say that what is not meant to be cannot be forced.

ETH has really been strong with its recent new highs. Putting aside the news about pensions, just from the market data Candlestick perspective, it has formed a expanding triangle.
The upper edge of the triangle and the previous two highs are around 4070-4100. If there are swing long positions, it is fine to reduce positions and take profits at this level.
Those who are impulsive can short him at this position, but I personally think it is unnecessary to go against such a strong trend.
Some people always like to short those that have risen sharply, thinking that after a big increase, a correcti