In addition to the recovery of buying in the US, there are also positive market signals today.
From November 24 to 27, the supply of stablecoins stagnated and then quickly rebounded. The supply of USDT increased by only 208 million during those three days, but in the past 24 hours, it surged by 560 million; the supply of USDC actually decreased by 500 million during those days, while the increase in the past 24 hours reached as high as 1 billion.