One important reason for the recent market weakness is the tight funding situation.

On Saturday, when the market rebounded to a high, the supply of USDT suddenly decreased by over 700 million, resulting in the market turning from rising to falling. Yesterday, the supply decreased by another 88 million, and the market continued to weaken.

Today, the supply increased by 112 million, slightly improving the funding situation, and the market has seen a certain rebound.

However, whether the funding situation can continue to improve will depend on the upcoming performance, and further observation is needed.