USDT against the RMB suddenly broke below the 7.0 mark, and many people's first reaction is: Is the market about to crash?

Calm down. Behind this volatility, there may be a completely opposite signal.

Two things have happened at the same time recently: On one hand, there’s news from the US that the current Fed Chair’s position may not be secure, and there are growing calls from the new administration for aggressive rate cuts. According to the Chicago Mercantile Exchange, the probability of a rate cut in December has approached 90%, and there may be another 50 basis points cut next year. The dollar index is almost certain to weaken, the RMB will appreciate passively, and the USDT price coming under pressure is a natural result.

On the other hand, domestic regulators have started to crack down seriously on gray channels for stablecoins, focusing on illegal currency exchange and money laundering. In the short term, some people are indeed rushing to sell USDT for risk aversion, which has intensified exchange rate fluctuations.

But here’s the question—while USDT is dropping, why are Bitcoin and Ethereum surging?

The logic behind this is actually quite clear: once the US dollar enters a depreciation cycle, global hot money will inevitably look for new havens. Crypto assets, with their strong liquidity and borderless nature, naturally become a hedging tool. While regulatory actions cause short-term panic, some people interpret it as “what’s meant to happen is finally happening,” and actually feel the market is about to get cleaner.

If you look back at history, before every major rally, the USDT price has gone through similar periods of squeeze. Some veteran players are already stockpiling USDT at low levels, waiting for the rate to return to 7.5 before selling, making a profit just from the exchange rate difference.

The difference between newbies and veterans often shows at times like this:
Newbies are asking, “Will stablecoins go to zero?”
Veterans are calculating, “How much profit can I make from this pullback?”

These current fluctuations are not the end, but more like a switching signal. With US monetary policy shifting and market structure adjusting, the real test may just be beginning.

Will you choose to buy USDT at the low, or just convert directly to BTC and hold on?