Is the tail is wagging the dog or the dog wagging the tail?
Notes on the chart, you need to understand basic technical analysis.
The only reason Tether is able to keep its 1:1 peg to the US dollar is with its redeem-ability to the US dollar at any time. No single entity is able to defend against market forces by simply 'spoofing' USDTUSD pair.
Tether can be both...