In the past two days, everyone has been saying that the EU is going to delist USDT, and people are panicking, fearing that the market will fall sharply. But I just want to ask, what does the EU delisting USDT mean? Do you really understand? If you don’t understand, how can you be sure that there will be a big drop?

First of all, we have to make it clear that the EU delisting USDT is targeting their own virtual currency exchange, which is a small-scale, national-level exchange. They delisted USDT, but they can’t control large exchanges such as Binance, Euroease, and Coinbase. Therefore, this affects only a small number of people who use EU exchanges, and they can’t trade with USDT.

Besides, there are so many stablecoins in the world, and USDT is just one of them. There are also USDC, BUSD, DAI, etc. There are so many. Stablecoins are tools for buying virtual currencies. Without USDT, there are others, and buying and selling virtual currencies can still be carried out.

Then, I want to ask, why is such news coming out at this time? It’s not a big bad news in the first place, and retail investors are scared first, thinking that the sky is falling. Why are retail investors so sensitive at this time? It's because of the severe drop in the previous period, and many people were trapped. In addition, the ups and downs in the first half of the year have left retail investors with shadows in their hearts.

It's human nature to worry, but worrying is worrying. We must first determine whether the news is bad news, and then see how the market trend is. Are the news and the market synchronized? Is there any sign of a big drop in the market? What is the purpose of such news at this time? If you understand the market, you will understand the main force's mind.

The best way to judge whether the news is true or false is to look at the market, because the market trend will not lie. All is fair in war, we must keep our eyes open and don't be fooled by false news.

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