USDT: Summary of Discussions in the Shuqin Mute Group (21:00:10 ~ 22:00:10)

1. The current recommended strategy is to short USDT, highlighting the unusual burning of 3.5 billion USDT by Tether, indicating that institutions have sensed a crisis. This clearly foreshadows escalating market panic and suggests that short-term support is unlikely. This implies that Bitcoin and USDT will not be immune, implying a potential "crash" and "panic selling," and warns of a rapid pullback after the initial surge. 2. Position and Risk Management Recommendations: We recommend a light short position, focusing on institutional activity and anomalies in on-chain data. It's suitable to start with a trial trade to observe changes in market sentiment. While no specific stop-loss price is specified, the risk of a potential "crisis outbreak" is implied; therefore, strict stop-loss orders are advised to avoid chasing highs. Although there is no clear timeframe, given the expectation of a US stock market crash, high vigilance is warranted, and preparations should be made for a rapid stop-loss exit. 3. This trading strategy leans towards aggressive short-term trading, leveraging the US stock market crash and Tether's large-scale burning of tokens as catalysts. It emphasizes quick entry and exit, warning that "Bitcoin cannot remain unaffected" and advising against holding positions for too long. It is suitable for capturing rapid fluctuations in short-term panic and capital flows; conservative investors are advised to observe or avoid risk.