I previously mentioned when the USDT exchange rate was 7.14 that the cryptocurrency market was sluggish, causing USDT to start falling. Those who were holding USDT in a short position also got cut. Many people said I was just nitpicking, saying that the price of USDT is linked to the US dollar, which is not wrong. However, the state of the cryptocurrency market also significantly impacts the level of USDT. Currently, the exchange rate of USD/CNY is 7.18 while the price of USDT is 7.08. The cryptocurrency market has really reached a point where there are not many people participating, and there is an urgent need for a surge to drive prices up.