One important reason for the recent market weakness is the tightening of liquidity.

On Saturday, when the market rebounded to a high point, the supply of USDT suddenly decreased by over 700 million, causing the market to turn from rising to falling;

Yesterday, the supply continued to decrease by 88 million, and the market remained weak;

Today, the supply increased by 112 million, and there are finally signs of improvement in liquidity, with the market also showing a certain degree of rebound.

However, whether the improvement in liquidity is sustainable remains to be seen.