USDT is expected to continue to decline!!!
Currently, gradually exchanging USDT or US dollars for RMB is a wise move, mainly based on the following objective data and Trump's statements:
1. Trump frequently calls for interest rate cuts, and Powell's attitude is gradually softening, with large banks raising the probability of interest rate cuts for this year and next.
2. From a technical perspective, the daily, weekly, and monthly trends of the US dollar index show a clear downward trend. The forward exchange rate futures for RMB indicate that the 1-year contract has risen to 6.97, and the appreciation expectations for 2-3 years are even stronger.
3. As the expectation of RMB appreciation strengthens, export enterprises will inevitably accelerate their currency conversion.
4. Compared to the overvalued European and American stock markets, RMB assets, especially A-shares, are clearly undervalued.
5. The market trend is already clear, and everyone can make their own judgments about the future direction of the RMB exchange rate.
Follow the national trend, and we will help you see beyond the surface. Don't panic in bull or bear markets.