Giving everyone a brief introduction, let's talk about an obscure trading track:

Many new beginners do not understand why, after BTC rises, other altcoins tend to fall, and the concept of Bitcoin's upward suction is also unclear to many people! Please consult and read the following content:

BTC is the leader in the crypto world, the big brother, 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 against Bitcoin!

Those who are observant will notice that recently a lot of USDT has been minted. However, 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 the buying pressure 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 of using altcoins/BTC, equivalent to directly exchanging altcoins for Bitcoin. For altcoins, this means they are being sold, which creates selling pressure. This is also why recently, whenever BTC rises, altcoins tend to fall; the selling pressure faced by altcoins is here, and then when BTC rises, they exchange BTC/altcoins back again!!

After going back and forth like this, the amount of coins in the hands of market makers and institutions will increase in USDT. During the process, they will also add some leverage to expand the yield on their funds!