Let's popularize a less-known trading track:

Many novice traders do not understand why, after BTC rises, other altcoins fall. The rise of Bitcoin seems to suck away the value, and many people do not understand what this means! Please consult the following content:

BTC is the leader in the cryptocurrency space, the big brother, which leads to many trading pairs like BTC/ETH, BTC/ADA, DOGE/BTC, TON/BTC, SOL/BTC, PEPE/BTC, BNB/BTC, and many other altcoins paired with Bitcoin!

Those who pay attention will notice that recently a lot of USDT has been issued, but when Bitcoin broke new highs, the trading volume of Bitcoin's USDT was not very high, meaning it has been rising without volume. But where does this non-volume rise in buying come from? It appears in these BTC/altcoin trading pairs!!!

Normally, buying coins is done using USDT for trading. Recently, many market makers and institutions have adopted a model where they use altcoins/BTC, essentially exchanging altcoins directly for Bitcoin. For altcoins, this means they are being sold, leading to selling pressure. This is why recently, whenever BTC rises, altcoins fall; the selling pressure on altcoins is here. Then, when BTC rises again, they exchange BTC/altcoins back!

After such back-and-forth operations, the amount of coins in the hands of market makers and institutions will increase in USDT. In the process, they will also add some leverage to expand the return on investment!