There have been discussions about **USDT (Tether)** potentially facing increased regulatory scrutiny in various regions, including Europe, but as of now, there isn't a definitive or widely reported announcement stating that USDT will completely leave Europe by the end of this year.
Tether has faced regulatory challenges in the past, and the EU has been actively working on developing clearer regulations for cryptocurrencies, including stablecoins. The **EU's Markets in Crypto-Assets (MiCA) regulation** is one of the key pieces of legislation that could impact stablecoin issuers like Tether, but as of 2024, there's no concrete indication that Tether will exit the European market.
However, depending on how regulations evolve, it's possible that companies like Tether may need to adjust their operations or business models in certain regions. Always stay updated with the latest news, as the regulatory landscape can change rapidly.
Market sluggishness, narrative hopelessness, where is the spiritual pillar of cryptocurrency?
Currently, BTC has fallen below $85,000, the crypto market is in a slump, altcoins continue to decline, there have been no new hotspots for nearly three months, and beyond the poor market conditions, the industry seems to have fallen into a state of 'narrative void'. Where is the spiritual pillar?
Satoshi Nakamoto created BTC out of dissatisfaction with the centralization of currency and the rampant issuance of it, thus laying the foundation for the three core principles of blockchain (decentralization, immutability, transparency). Since then, narratives such as DeFi, NFT, DePIN, and DeAI have all been extensions of this essence. BTC stands firm because it perfectly embodies the technical core, while many projects have deviated from their origins, losing their support and becoming unsustainable.
Where is the spiritual pillar?
The essence of blockchain technology The pillar of cryptocurrency is not short-term narratives or profit effects, but rather the original intention behind its creation: to break the centralization monopoly and empower individuals. This belief has driven every round of innovation, from UNI to MEME, all embodying this principle.
Community resilience and faith Regardless of bull or bear markets, there are always developers and investors who remain steadfast; the faith in BTC and its 'indestructible' spirit is the soul of the industry.
Guidance to return to value The current slump is a period of narrative vacuum and a time for reflection. The spiritual pillar is found among those teams that practice the value of technology; they define the future through action rather than empty talk.
Outlook and suggestions As CZ said, 'Predicting tomorrow is difficult, but judging the future is simple.' The essence of cryptocurrency remains steadfast; investors should focus on projects that are genuinely grounded and patiently await the next round of narrative resurgence. In times of difficulty, the pillar is not afar but resides in the original intent of blockchain technology and the persistence of its practitioners.
Brothers, everyone says they missed the chat room, so let's post one in the square. The chat room will be posted again next week, refer to the thread for the chat room portal to enter. 艾叔专属聊天室
Those who bought in during the early session can now observe the spot market and wait for the CPI data to be released. For short-term contracts, you can take profit on most of it and manage your cost price during the pullback.
Review of the Core Reasons for 'Black Thursday' on March 12
The main reasons for the sharp decline on March 12, 2020—global financial turmoil, leveraged trading, and regulatory uncertainty—occurred just as the COVID-19 pandemic began to spiral out of control. Traditional markets like US stocks triggered circuit breakers, leading investors to panic sell all high-risk assets, and Bitcoin was no exception. Leveraged trading exacerbated the situation, with too many high-leverage players in the crypto market at the time (some platforms even offered 1000x leverage), triggering a chain of liquidations as prices fell, which accelerated the crash. As for regulation.
At the beginning of 2020, countries had unclear attitudes toward cryptocurrencies, and the market was particularly sensitive to policy shifts. Bitcoin plummeted from $8,000 to $3,620, with a nearly 50% drop within 24 hours, marking a 'bloody memory' in the crypto world.
By the way, regarding the current market situation, the positive news about BTC's ETF in 2024 has indeed pushed the market to new heights. The milestone of $100,000 is not just a number but also a psychological barrier. In recent months, the market has entered a volatile period, with Bitcoin fluctuating between $90,000 and $100,000. Some are shouting, 'End of the bull market, better run,' while others optimistically say, 'This is a buildup, and the next surge will reach $120,000.' Such divergence is actually quite normal, reflecting the instability of market sentiment.
Several external factors have also contributed to the instability in the crypto world:
Global Economic Uncertainty: The global economy is still struggling to fully recover from the shadows of the pandemic by 2025, with inflation, supply chain issues, and geopolitical conflicts potentially dragging it down.
Monetary Policy Adjustments: If the Federal Reserve continues its hawkish stance (raising interest rates or not cutting them), the pressure on risk assets will increase; conversely, cutting rates could be a lifeline, but the likelihood of that happening now seems low.
Regulatory Trends: Countries' attitudes toward cryptocurrencies remain wobbly, with the policies of the new US government not yet fully clarified, and signs of tightening emerging in Asia as well.
In the short term, altcoins have not surged, which is related to the high dominance of BTC. Currently, funds are still focused on Bitcoin (BTC), and the altcoin season may only unfold once it stabilizes.
Dong Chen rarely takes action, but when he does, he always gets it right!
财经东晨
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Come to 聊天室 to communicate and get rich together!
In the current market environment, short-term trading is indeed very necessary. If you keep waiting for spot prices to rise, you may feel the agony of time. Dongchen has recently been fully engaged in ultra-short-term trading and primary low-quality stocks, achieving good results.
Dongchen only engages in things they are confident about, averaging only 1-2 trades per day. If there is confidence in the target, decisive action will be taken; if there is no full confidence, action will not be taken resolutely!
Real-time Orders on 2025.3.10: ETH Entered at 1996 Highest 2152.99 Increase 7.8% BTC Entered at 80688 Highest 84123.46 Increase 4.2% Link Entered at 13.859 Highest 14.56 Increase 5% Check out the exclusive link for Kong brother on Binance 🎈币安手续费
💪 Thanks to Binance for establishing an exclusive KOL community for Old Tang! 🎉 Brothers, join the group to support it, and once we reach 500 people, we will start sending out red envelopes every day! 🎁 Sending every day! For a whole month! The more people, the more envelopes, ensuring everyone can receive one! 🧧 In the future, any airdrop or opportunity information will be shared in the community as soon as possible! We will also invite various big names from the crypto world to join the group for discussions, share wealth secrets, and answer questions! Join the group link 👉 https://binance.com/zh-CN/service-group-landing?channelToken=mIyG2QpNu4lljHIRODTFRA&type=1 💕 In the future, just open the Binance APP, click on the message at the top right of the homepage — Group Chat (see the red arrow in the image below), and you can enter Old Tang's community to chat happily, grab the opportunities, and receive red envelopes together! 🫡 It’s been a long time since I managed a community, mainly because the WeChat groups get banned every day and are unplayable, and the Telegram groups are full of annoying spam ads. Now with Binance's exclusive group, I can finally create a good community with peace of mind. The most convenient part is that you can chat in the group using the Binance APP, without needing to use a VPN or worrying about group bans, and there are no spam ads bothering us! 🔔 Of course, to join the group, you must first register for a Binance account. Everyone should have one, right? If not, click here to register 👉 https://binance.com/join?ref=23279581
🔔 First, let’s send a red envelope here. Comment and leave a message to quickly join Old Tang's Binance community to receive a lucky red envelope! #红包 #红包大派送 #红包🧧
#btc Was that stretch this afternoon at five o'clock going to throw you off again! Clearly a bearish outlook, yet the big bullish candle skyrocketed and almost blew up my position! Haha, this is a self-reported story from a big brother who didn't listen to Brother Lie's advice, truly at a loss after getting trapped, and it's self-inflicted! Of course, our free family brothers have always been obedient and followed the advice, withdrawing from short positions as advised by Brother Lie; otherwise, the consequences can be imagined! Therefore, different understandings lead to different results. Clearly, it was possible not to lose money, yet one had to give money to the market makers, what a sigh! ps: Brother Lie has no paid groups, be cautious of scams!
Bitcoin has broken below the triangular area, and the price has significantly declined. There are no negative news events triggering this trend; it appears to be purely market manipulation. The price has reached $80,000 and is currently testing between $83,200 and $83,800. If it cannot recover this price, it may further decline in the coming days.
Daily Analysis of the Cryptocurrency Market (3.10) Summary: $BTC Assuming that 78200 marks the beginning of a new daily upward trend, the internal structure consists of a 4-hour up and down sequence. From 78200 to 95000 is the first 4-hour upward movement, which has now concluded. We are currently in the continuation of the second 4-hour downward structure, testing the previous low of 78200. If it doesn't break, it's still a second buy on the 4-hour chart. Yesterday it was mentioned that not breaking 81200 is like a second buy. This morning, if that position breaks, then it indicates the continuation of the second 4-hour downward trend. Regardless of where it lands, breaking 95000 remains the target. This was yesterday's viewpoint, and it remains unchanged today. As long as 78200 is not broken, the expectation for an upward trend still exists. If 78200 is broken, then the daily downward trend from 110000-78200 has not ended and continues. This also means that the current assumption of a new daily upward trend from 78200 is no longer valid, and the expectation for 95000 is also gone. Therefore, 78200 is a crucial key position. 86500 is currently the dividing line between bullish and bearish. To be strong, it must reclaim that level; otherwise, the market still appears weak. This morning, I posted an article indicating that the rebound is a short opportunity, not to say that there won't be a bull market later; there will certainly be a bull market. This is just a pullback during an upward trend. My point is that the market has been relatively weak recently, so the focus is on shorting during rebounds. I definitely believe the overall direction of the bull market is bullish, so please do not misunderstand that a bear market is coming. Currently, there is no narrative or favorable news in the market, so this period of adjustment is quite good. Be patient and don’t get shaken out. Gradually build positions in the spot market: $BTC 80000-78000-76000-74000, buying every 2000 points. $ETH 2000-1900-1800-1700, buying every 100 points.
❤️3.12 is coming again, are you afraid? On March 12, 2020, Bitcoin plummeted from 8000 to 4400 in one day, halving its value, and Ethereum crashed alongside it, dropping to the point where even your mother wouldn't recognize it. Countless people lost everything overnight, with some even going up to the rooftop. But unexpectedly, the next day Bitcoin started to soar from its lowest point of 3782, skyrocketing to 69000, an 18-fold increase! It truly was a line between hell and heaven.
The current situation is: tariffs causing issues, prices soaring, inflation pressure is immense, and the market is in a panic. Interest rate cuts are delayed, the Federal Reserve is hesitating, and the market lacks liquidity. The market is like a rollercoaster, and market sentiment is fragile, ready to crash at any moment, or it might suddenly take off.
History doesn't repeat itself, but the market does have some similarities, and the current situation is somewhat reminiscent of the days leading up to March 12, 2020, where the market lacks money, and any minor disturbance could trigger panic selling. Policies are unclear, with tariffs and interest rate cuts still undecided, leaving everyone uncertain. Emotions are frayed, investor confidence is shaken, and any bad news could trigger a chain reaction.
But don't forget, after a sharp drop often comes a big opportunity. If the market really crashes, it could serve as a starting point for a new bull market, just like in 2020.
How to respond? Don't panic, don't let market emotions take over, panic selling is the easiest way to lose money. Don't go all in, keep some ammunition, and don't put everything on the line; if there is a sharp drop, you can buy at the bottom. Seize the opportunity; if it really crashes, it might be a good time to buy at the bottom. Choose your targets wisely, look for the right moment, and act quickly!
The basic functional construction of MyShell's AI, the design of token economics, and the expectations for potential integration with the future of the BNB Chain ecosystem are quite promising!\n\nSetting aside the strange selling pressure from market makers, the shortcoming is that the pre-set river channel is too wide while the flow is too small.\n\nThe original sentence was poorly punctuated, reading it in one go could choke someone, 🤣\n\n\n\n