... demonstrators at the Mars Field on behalf of the Provisional Government. Lively slogans filled the air: from support for continuing the war to Bolshevik calls of “All power to the Soviets!” For the first time, May Day was celebrated legally and en masse, no longer solely as an economic observance but as a political holiday of freedom. May Day in the Soviet Union Following the October Revolution of 1917, May Day became an official state holiday. Initially in the young RSFSR, it was called International ...

... as Fed rates, geopolitics, recession) draw parallels with 2008. An important lesson from 2000 and 2008 is that periods of extreme pessimism create the groundwork for subsequent rallies. When all bad news is reflected in prices and investors go short en masse, the market often finds a bottom. The current record-long/short ratio of 2.5x suggests that bearish sentiment has already reached historical peaks. Perhaps “smart money” anticipates further declines, but such low exposure may indicate limited ...

... cannot fail to mention psychological and speculative aspects. The market is driven by people, and sometimes asset prices deviate significantly from reasonable levels due to greed or fear. During a bubble, investors can buy up shares of trendy companies en masse without regard for fundamental valuations, and such shares will remain overvalued for a long time (an example is the dot-com boom of the late 1990s, when many Internet companies were incredibly expensive without making a profit). Conversely, ...

... redeemed, and the price returned to parity. These instances indicate that the technical support level around $0.95 can be seen as a strong support zone for USDT—below it, the price rarely dips as buyers who believe in recovery begin to buy cheap USDT en masse. There are also upper deviations from $1: for example, when in March 2023, the competing stablecoin USDC lost its peg due to banking issues, users frantically moved funds to Tether, causing demand to surge. On some marketplaces, USDT traded at ...