Huang Qifan: In the next 10 years, the Renminbi will gradually appreciate to around 6.0.

The probability of this is still quite high. Moreover, this statement comes from Huang Qifan, whose judgments in the economic field have always been quite accurate, such as his comments on the housing prices in Chongqing back in the day.

Currently, the price of U on Binance is 6.91, which has dropped 5.48% from its peak of 7.3. I mentioned before that the cryptocurrency market has entered a bear phase, and even passing dogs will get cut; currently, that seems to be the case, as holding U without any positions is also losing money.