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Don't remind me again today

#稳定币市场动态 Recently, the dynamics of the stablecoin market have indeed sent chills down people's spines. Compound has suspended multiple stablecoin lending markets on Ethereum, a rare emergency measure. Although it is in response to the liquidity crisis of Elixir, it also reflects the fragility of the entire ecosystem. A loss of $93 million is no small amount, especially since Elixir has borne the brunt. This incident once again reminds us to always stay vigilant in the world of Decentralized Finance. Even seemingly safe stablecoins carry risks.



For us copy traders, this market volatility is both a challenge and an opportunity. It is essential to closely monitor the movements of experts in major exchanges to see how they respond to this wave of risks. Diversifying portfolios and controlling exposure to a single stablecoin are particularly important. At the same time, pay attention to those experts who operate against the trend during a crisis, as they may reveal new profit models.

However, on the other hand, it is somewhat reassuring that Compound was able to respond quickly and has partially restored the market. At such times, it is even more important to stay calm and not be swayed by panic. Continuing to observe market changes and adjusting strategies in a timely manner is the right approach. After all, in this market, only practice can lead to true knowledge.
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