$USUAL If you play usual, you should know
tvl must rise to correct the spiral. The reason I don't short at 0.9 or 0.6 is that they changed the rules, with 9 points of hair removal, the tvl cannot go up, it will only keep declining, definitely a negative spiral, so I shorted. Even if the dealer is strong, during the 50% period a few days ago, after pulling for a day, his tvl did not increase, the hair removal was not repaired, and the number of on-chain holders did not increase, instead the usual staking rate went down.
So you can determine that the trend of this coin is strongly bound to its mechanism, and the dealer cannot change the long-term trend. Ena is different; when eth fees go up, the holding amount of usde will continuously increase, and the protocol's income from fees will also increase, plus there are no complex mechanisms to limit it.
usde is also stable, so naturally there is room for rebound; as long as eth fees rise, a rebound can occur.