It's tough! The U price has collapsed, 1 U is less than 6.82, which is 3% lower than the normal exchange rate of 7. But half a year ago, the USDT price was still 7.4, and everyone's assets have quietly depreciated by 10%.\n\n1. Can the U price drop further? How should we operate with ZEC and BCH now?\nUSDT is linked to two indicators, one is the US dollar exchange rate, and the other is the premium or discount in the crypto market.\n\n2. The US is in a rate-cutting cycle, so the dollar is likely to weaken against the RMB. However, the benefit is that the RMB purchasing power in everyone's hands has increased, allowing for more U purchases, which means more Bitcoin can be bought.\n\n3. Therefore, the effects are mutual; when you use RMB to buy cryptocurrencies, you can buy 10% more coins than you could a year ago. However, in addition to the sudden drop in the dollar exchange rate, U itself is also depreciating against the RMB, falling below the official exchange rate of 1:7 RMB.\n\n4. Thus, the bear market in the crypto market is very clear, with RMB users selling U for RMB in large quantities to exit the market, leading to serious negative premiums for USDT. Meanwhile, the reading volume of information in the crypto market has significantly decreased, and KOLs who rely on advertising are no longer receiving ads and are starting to work, which is not a signal of a bull market. The inertia of the bear market will continue, providing us with an opportunity to enter at low prices by the end of next year. $ZEC \n\n5. Next year, you will see Bitcoin at 60,000 or even 40,000. Bears do not speak of bottoms; we can only know where the bottom is when the bottom structure emerges. At that time, we can just buy aggressively. Recent short-term rebounds will not affect the downward trend. I hope Bitcoin can have a short-term rebound to give us a chance to add to our short positions at higher levels. $BTC \n\n6. As for small coins, we have shorted BCH and ZEC at the top and have seen good returns. If they reach new highs again, we can try again. Many other small coins also have opportunities, with stable operations every day~