In the past few days of rising prices, many fans and I have made a significant profit. Will the market continue to be bullish or bearish tonight?

Breaking news: The FDUSD stablecoin has experienced a depeg and bankruptcy, with a circulation exceeding $2 billion during 2023, ranking fifth in the market, only behind USDT and USDC stablecoins. It is primarily used for operations on Ethereum and cross-chain transactions.

If FDUSD goes bankrupt, it may lead to a short-term decline in ETH due to liquidity crises and emotional contagion, but the medium to long-term impact depends on:

1. The actual depth of FDUSD's usage within the Ethereum ecosystem;

2. Whether other stablecoins (like USDT and USDC) can quickly absorb the liquidity;

3. Whether the market is in a bull or bear cycle (panic is more easily amplified in a bear market).$ETH $BTC