There are many beginners who don't understand why when BTC rises, other altcoins tend to fall. The rise of Bitcoin has a draining effect, and many people don't understand what that means! Please read the following carefully:

BTC is the leader in the crypto world, so there are 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!

Observant people will notice that USDT has been issued in large quantities recently, but when Bitcoin breaks new highs, the trading volume of Bitcoin in USDT is not particularly high; it has been rising without volume. But where does the buying power for this volume-less rise come from? And how can BTC rise so firmly! It appears in these BTC/altcoin trading pairs!!!

Normally, buying coins is done using USDT, but recently many market makers and institutions have adopted a model where they use altcoins/BTC, which is equivalent to directly exchanging altcoins for Bitcoin. So for altcoins, this means they are being sold off, resulting in selling pressure. This is also why recently whenever BTC rises, altcoins fall; the selling pressure faced by altcoins is here, and then when BTC rises again, they switch back to BTC/altcoins!!

After going back and forth like this, the amount of coins held by market makers and institutions in USDT will increase. During this process, they will also add some leverage to enhance the return on capital! I won't go into detail on that! Those who understand, understand; those who don’t, won't get it even if I explain!