The money printing machine is here! Just now, USDT's parent company Tether issued 1 billion USDT on Sun Yuchen's Tron chain. This is the first issuance after 17 days. It's really not easy:
Because USDT has always been issued on the Ethereum chain, this time it's finally Sun Yuchen's Tron's turn. It seems that after listing on Nasdaq, there are still some effects. Congratulations to Mr. Sun.
In view of the increase in USDT issuance and the entry of new funds, I decided to stop profit on my 119,600 Bitcoin short position, no longer short, and wait and see. 12W does have resistance, but the K line is the K line, and the on-chain data must also be referred to. When the two conflict, just wait and see~