$US Market Cooling Under Liquidity Pressure: Due to the narrowing of the bid-ask spread to 0.34-0.78, long positions have shrunk to below 7%. The price of the US Dollar pegged stablecoin (USDT, ≈0.01527) has dropped significantly by 24.05%. This decline reflects macroeconomic tightening and a reduction in stablecoin risk by traders after the latest interest rate adjustments by the Federal Reserve. At the same time, the consolidation of Bitcoin (BTC) and Ethereum (ETH) near technical support levels indicates a shift in capital preference towards major tier-one assets.