Seeing the tweet from the big teacher, I want to express a different opinion. Let's assume that the decline in the exchange rate of USDT and RMB is due to a large amount of capital outflow, but this does not necessarily mean that Bitcoin will decline. The current cryptocurrency market is no longer dominated by Eastern powers; rather, since 2022, American investors have become the largest trading party for $BTC.

In simpler terms, even if our friends in China are selling off in large quantities, there are still investors from Japan, South Korea, Europe, and the United States buying in. Data shows that the trading volume during Asian hours is the lowest of the day, while the trading volume during U.S. hours is the highest.

Therefore, the fluctuations in exchange rates do not necessarily correlate with the price of Bitcoin.

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