#Tether储备争议 The recent market crash has truly been shocking. The Bank of Japan hinted at possible rate hikes, Bitcoin plummeted, and a wave of liquidations ensued... Various bearish news followed one after another. As an experienced investor who has seen multiple bull and bear cycles, I understand that at such times, it's easy to be swayed by fear and greed. But when I take a step back and think about it, these are normal market fluctuations.

Regarding the controversy over Tether's reserves, I believe we need to stay vigilant but not overreact with panic. Although S&P downgraded USDT's rating, Tether's CEO stated that the company's assets are close to $30 billion, with monthly yields from US Treasury bonds alone reaching $500 million. However, we should always keep an eye on the risks of stablecoins, as they play a crucial role in the entire crypto ecosystem.

This crash also serves as a reminder for us not to overleverage. Many people were liquidated at high positions, losing everything. As value investors, we should focus more on the long-term potential of projects rather than short-term volatility. In such market conditions, maintaining cash reserves and diversifying investment risks are particularly important.

In summary, staying calm and rational analysis are essential to survive in this rapidly changing market. After all, only through wind and rain can we see the rainbow; after enduring the cold winter, spring will come.