Why is Bitcoin still rising in a situation of insufficient liquidity? Where is the money from institutions coming from? The only possibility that allows them to raise Bitcoin without hesitation is the left hand trading with the right hand, and the right foot stepping on the left foot, spiraling to the sky.

If Tether can create USDT out of thin air, theoretically, it can purchase BTC in large amounts through related parties or partners using USDT, driving the price up. This operation creates a false appearance of market demand, further attracting external investors to enter.

Then, a wave of sell-off can siphon off retail investors' funds, and finally, it only requires periodic destruction of USDT. The biggest player in BTC is Tether, and who knows how many institutions it collaborates with behind the scenes to engage in such shameless activities. Everyone, be cautious.