The Federal Reserve has begun to cut interest rates, and the USDT exchange rate against the RMB will continue to fall in the long-term trend. I remember that in 2021, it was 6.3 = 1U, which seemed to last for a long time. Of course, there was a black swan event in late autumn 2020 that caused USDT to fall to more than 5 yuan, but this is all in the past.

So if the U exchange rate continues to fall in trend, that is, short positions are also equal to losing money? So your spot must rise and make money, otherwise you can't even beat the exchange rate.

If you want to exchange U for cash, there is actually another way, which is to wait for a sudden extreme plunge in the market. The exchange rate will rebound on that day, and then you can sell it again, but it is all time-sensitive. You may say, if the market suddenly plummets, I won't make more money by using U to buy the bottom? I want to say: Are you sure you have the ability to buy the bottom and then escape the top? I'm afraid you won't sell after buying the bottom. I've seen too many traders who sell without planning and are greedy.

Key point: The US dollar cuts interest rates, and the exchange rate will inevitably fall. This is an inevitable trend, and the real cycle has just begun. #BTC