Let me educate everyone a bit about a niche track:

Many beginners don’t understand why after BTC rises, other altcoins fall. There’s a lot of talk about Bitcoin's 'bloodsucking' effect, and many people don’t understand what that means! Consult the following content:

BTC is the leader in the crypto world, the big brother, which is why there are many trading pairs with BTC such as BTC/ETH, BTC/ADA, DOGE/BTC, TON/BTC, SOL/BTC, PEPE/BTC, BNB/BTC, and many more altcoins against Bitcoin!

Observant individuals may have noticed that USDT has been issued in large quantities recently, but when Bitcoin broke its new high, the trading volume of Bitcoin's USDT was not very high. In other words, it has been rising without much trading volume. But where does this buying pressure come from? It appears in these BTC/altcoin trading pairs!!!

Normally, buying coins is done using USDT. Recently, many market makers and institutions have adopted a model where they effectively exchange altcoins for Bitcoin through altcoin/BTC pairs, which means for the altcoins, they are being sold, creating selling pressure. This is also why whenever BTC rises, altcoins tend to fall; they are facing selling pressure here. Then when BTC rises again, they exchange BTC/altcoins back!

After going back and forth in this manner, the amount of coins in the hands of market makers and institutions will increase in USDT. During this process, they also add some leverage to enhance the returns on their capital!