Many people have a common question: why do most cryptocurrency K-line charts show similar trends, essentially moving in multiples with the BTC K-line chart.

I see many people say this is a phenomenon of market manipulation... how laughable.

This is impossible because the cryptocurrency market is a 24/7 trading market, and no trader or market maker from any country can control the market 24/7.

The correct answer is: this is the result of quantitative trading.

The cryptocurrency market may be the richest market for quantitative trading, with quant trading contributing 30%-50% or even more of the trading volume in most cases.

Most quantitative trading strategies refer to the overall market, which is the BTC trend, to execute trades, resulting in the majority of tokens following the BTC trend in most cases, or the trend of on-chain ecosystem tokens being the same as the trend of on-chain GAS tokens. There is no doubt that this is all due to quant trading.

The existence of quant trading is very important for the cryptocurrency market; they provide significant liquidity, and the consequences are very clear: when extreme market conditions arise, they will react at a speed that humans cannot keep up with.