ETH surged 10% in a single day, but USDT price is plummeting—what exactly is going on in this market?

Two clues are intertwining in an interesting way: on one hand, rumors of the Fed potentially accelerating rate cuts are swirling, and expectations of a weaker dollar are getting stronger; on the other hand, stablecoin channels are undergoing strict regulatory crackdowns, leading to short-term selling pressure. To make things even more surreal, the Bank of Japan is preparing to raise interest rates, but the market is interpreting this as a sign of renewed economic confidence.

Does it seem contradictory? In reality, there are undercurrents at play.

As the rate-cutting cycle collides with regulatory tightening, will capital accelerate its flow into the crypto market? Seasoned insiders are already making moves—quietly building positions during this window of USDT weakness. Some see risk, while others sense the explosive potential before the market takes off.

Which side are you on? Feel free to share your thoughts in the comments.