In light of rumors about Tether, there's been a reverse reaction of transitioning into Bitcoin. Not boring
A fairly quick recovery. It's still too early to judge the final outcome, but I just wanted to let you know that the situation is ambiguous.
The sequence of events is as follows:
News of Evergrande's bankruptcy prompts someone to dump a large volume -> against the backdrop of this volume, news emerges that Tether has investments in Chinese companies, causing market concerns -> this leads to a flow from Tether into Bitcoin. A closed loop.
