By pure nature it is known that a speculative market is moved both by the whales, and by the different fundamentals, in the case of crypto it is also moved by the action of the law of supply and demand, as well as by emotions, I think that emotions they are the main engine to do it, if we take into account that for now there is that war environment, it is very possible that a bearish movement will occur for quite some time and this will cause many people to suffer losses if they are in bullish positions, sometimes you have to take into account take into account certain things that happen in the world and take forecasts, where what is safe is the best,
The war situation led to markets crashing in most countries but I see my local market improving and this only means that people are starting to get used to the news. Similar to what happened to the pandemic. It has been a rough few years but I see these are opportunities to buy at low prices which was otherwise not possible if the bull trend continued.
The market will confuse you if you are trying to understand every move. There is lack of proof here and you have to to go with that only. Not everything in the market has an explanation and searching for one is futile. Rather one should focus on how they can get in and get out with profit. For that you only need to buy low and sell high, keeping the details of the news on ignore.
that is why some people are currently very confident in the usdt because they see it as a refuge.
Stablecoins are only an intermediary to tide over a market movement. I dont see any more use of it.