The battle to defend the 30 exchange rate between the US dollar and the New Taiwan dollar has officially broken.

In my article on May 6th, I mentioned that when the exchange rate of the New Taiwan dollar against the US dollar returns, the US dollar must escape and be exchanged back for New Taiwan dollars.

Last time I predicted a significant drop in the US dollar, after breaking 30, one could buy the US dollar at a low price, and when it rebounds, it must be sold at a high price. At that time, I estimated the exchange rate to be around 30.5.

USDT on exchanges exceeds this price,

but the price of USD in banks reaches a maximum of around 30.4.

My prediction going forward is 30, 29, 28, 27... gradually going down.

After such a long rebound, there has been a lot of time for people to escape, this time is quite passive.

Whether it will continue to slowly boil the frog,

let's just continue to watch...

Previously, I suggested to those outside the cryptocurrency circle, now holding two types:

1. Just hold onto New Taiwan dollars

2. Simply exchange everything for Bitcoin (BTC)

For those who are more conservative in investment, it is best not to make any moves during this period.

If you want to invest, directly buying Bitcoin offers the best return on investment.

Bitcoin has risen from a low of 74,000 to the current 109,000, which is a 47% increase.

The logic behind Bitcoin's rise I have previously deduced,

especially since on April 7th, Bitcoin miners entered the market and started their machines, increasing the hash rate, following the miners is definitely correct.

Even deducting the portion of profit lost due to the appreciation of the New Taiwan dollar, there is still about a 40% profit.

As for the impact of US Treasury bond maturities,

the capital flow involved behind this may be mentioned in my next article.