K线人生飞哥
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Last night, the market plummeted, and many people believe the reason is Trump, but this is just a factor from the news side. The core reason is that the stablecoin $USDE depegged last night, causing many leveraged contracts using USDE as margin to be liquidated, resulting in heavy losses not only for retail investors but also for many market makers.
I have previously emphasized to everyone not to hold any stablecoins other than USDT and USDC. Wasn't the lesson from the last bull market with LUNA and USTC painful enough? Once a stablecoin crashes, it goes directly to zero. Although USDE was pulled back last night after depegging, it is because we are still in a bull market, and the project team has funds. When the bear market arrives, if a stablecoin depegs, it is very likely to head towards zero, which will crash the entire market at that time.
{spot}(USDEUSDT)
I have previously emphasized to everyone not to hold any stablecoins other than USDT and USDC. Wasn't the lesson from the last bull market with LUNA and USTC painful enough? Once a stablecoin crashes, it goes directly to zero. Although USDE was pulled back last night after depegging, it is because we are still in a bull market, and the project team has funds. When the bear market arrives, if a stablecoin depegs, it is very likely to head towards zero, which will crash the entire market at that time.
{spot}(USDEUSDT)
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