I am waiting for news about new issuances of USDT. If there is any, I will close my position and go long immediately. If not, I will hold for a while longer.
The issuance of stablecoins is really frightening; it always seems so perfectly timed. However, I have a gut feeling that the probability of issuance this month is not high. In April, they issued 5 billion, and it seems like they also issued 6 billion in May. Trading now is truly speechless.
Focusing on the issuance of stablecoins is really a policy market.