In the past week, USDT and USDC increased by US$260 million and US$400 million respectively, showing significant capital inflows. However, these funds have not flowed into the exchange, indicating that no transactions are currently taking place, possibly waiting for the right moment.

Bitcoin (BTC) has continued to flow out of exchanges over the past week, with a net outflow of 9,000 coins. This shows that the currency-tuning party continues the trend of currency-tuning.

In the past week, there was no trading action by US dollar funds, mainly funds in the Asian market were buying. This is very different from the market situation at the beginning of this year. Although Asian markets tend to fluctuate quickly, considering that 90% of Bitcoin transactions occurred in China 17 years ago, we can also expect the market to improve this time.