Recently, I noticed an interesting phenomenon. As long as a major platform launches a second contract or spot trading pair, other cryptocurrencies tend to come under pressure and decline in the short term. Upon reflection, it makes sense—after the new listing, many traders speculate on the second spot trading pair, leading to capital inflow into the new asset, which naturally draws funds away from other assets. This logic has been validated multiple times with new listings, and other projects do indeed feel the pressure in the short term.

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