#ETH走势分析 $BTC $ETH $DOGE Recently, the USDT exchange rate broke 7, and a lot of people started to panic.

But if you think calmly, the logic behind this situation is actually quite clear.

Let’s look at two key variables:

First, the Fed’s stance is loosening.
Powell’s position may not be secure, and the signals from the new decision-makers are clear—the window for rate cuts is opening. Market data also supports this: expectations for a rate cut in December have surged to over 90%, and the downward pressure on the dollar index is almost a sure thing.

Second, regulatory pressure on stablecoins is increasing.
USDT’s cross-border flows have recently come under close scrutiny, and some gray-area operations are being squeezed. With increased selling pressure and an imbalance in supply and demand, the price naturally can’t hold up.

So why are crypto assets rising while stablecoins are falling?
The answer is simple—funds are being reallocated:

· When the dollar weakens, the crypto market often becomes the preferred choice for capital seeking safety and appreciation
· Stricter regulation may look like a crackdown, but in reality, it’s clearing out non-compliant players and paving the way for institutions
· Historical experience shows that before every major bull run, stablecoin exchange rates always go through a period of adjustment

The market reaction is now sharply divided:
Onlookers are worried: “Even USDT isn’t stable anymore?”
Experienced players are calm: “Same old script, nothing new.”
The action-takers are already positioning—when the exchange rate rebounds to around 7.5, that ten-point spread is real profit.

The wind has changed direction.
Will you keep getting dragged around by exchange rate fluctuations, or look at the opportunities from another angle? The market won’t wait for anyone.