Fresh buy-side momentum and value distortion such as Tether drive up the price. Once that flatlines or even slows down, you get hell.
>for 12some years, they have been right.
This is akin to a child counting on the toothfairy.
https://protos.com/tether-papers-crypto-stablecoin-usdt-inve...
^ Very eye-opening look at the true playbook behind the crypto space. It's very much run by CBOE-derived quant firms running the economy like a casino.