Why has Bitcoin been rising continuously?

The continuous rise of Bitcoin is attributed to the growth of ETFs, which have been purchased by some long-term holding companies.

This part of the people probably will never buy altcoins, so essentially, Bitcoin has detached from the concept of cryptocurrency assets and is more like a reserve asset.

Why are altcoins falling?

The liquidity radiation range in the cryptocurrency space is limited, and most of it is being siphoned off by Bitcoin. Altcoins are in extreme PvP; what I mean by PvP is the PvP excluding Bitcoin. Once retail investors fall into FOMO, the emotions reach their peak.

This position is also where altcoins are sold off predominantly, and altcoin projects cannot keep up. Selling at the peak of emotions is the most appropriate.