Let me educate everyone about a lesser-known trading track:

There are many novice traders who don’t understand why when BTC rises, other altcoins fall. Many people don’t understand what it means that Bitcoin is ‘sucking blood’! Please read the following content:

BTC is the leader in the crypto space, the big brother, so there are many trading pairs with BTC like BTC/ETH, BTC/ADA, DOGE/BTC, TON/BTC, SOL/BTC, PEPE/BTC, BNB/BTC, etc.

Observant people will notice that recently USDT has been issued in large amounts, but when Bitcoin breaks new highs, the trading volume of Bitcoin’s USDT is not very high, meaning it has been rising without volume. But where does this rise in price come from? It appears in these BTC/altcoin trading pairs!!!

Normally, buying coins is done by trading with USDT. Recently, many market makers and institutions have adopted a model where they use altcoins/BTC, which is equivalent to directly exchanging altcoins for Bitcoin. Therefore, for altcoins, this means selling, resulting in selling pressure. This is also why recently whenever BTC rises, altcoins drop. The selling pressure faced by altcoins is here, and then when BTC rises, they exchange back BTC/altcoins again!!

After this back-and-forth operation, the amount of coins in the hands of market makers and institutions will increase in USDT. During this process, they will also add some leverage to expand the return on capital!

As an experienced investor in the crypto space, I’m sharing my experiences and insights. Interested in the crypto world but don’t know where to start? Follow me and check my profile, I’ll guide you to achieve freedom in this bull market.