U The market trend these past two days has been a bit off, the exchange rate has directly broken the '7' barrier, which is not a good signal!

Why? Because two forces are simultaneously at work:

First, the Federal Reserve is very likely to continue lowering interest rates in December, and the US dollar was already weakening;

Second, over there at Dongda, they have started to crack down hard on activities related to virtual currencies, especially regarding illegal currency exchanges and money laundering involving stablecoins, causing a lot of people in the market to be scared and rush to sell U.

But the problem arises: U is being smashed left and right, yet the coin price is skyrocketing, this logic seems abnormal.

Who is supporting? Who is absorbing? There may be a bigger hand behind this wave of market movements $RECALL $SXP $SAPIEN #加密市场观察 #ETH走势分析 #下一任美联储主席人选