#稳定币发展 Seeing Bitcoin re-establish above $90,000, many people are getting excited again. But I want to point out a detail—behind this rebound, the expansion of stablecoins linked to US bonds is seen as an "important channel for the re-entry of international funds."

This statement sounds impressive, but I need to clarify: is it driven by genuine demand, or is it just another round of liquidity games? Anyone who experienced 2021 understands that behind every "funds reflow," there is often a quiet accumulation of risk.

Stablecoins are indeed expanding, but beware of an old trick: institutional funds come in, retail investors follow suit and push prices higher, then quietly offload at key points. The news says "volatility and emotional trading have significantly decreased," which sounds positive, but may actually indicate the market is being gradually controlled.

The support line at $91,500 is indeed very critical. But my advice is—don't blindly chase highs. Short-term consolidation is normal; what truly matters is: who is leading this rebound? Are funds accumulating or distributing?

Living longer is a hundred times more important than making quick money. This rebound does present opportunities, but only if you learn to identify risks instead of being swept away by market sentiment.