This is the 12th most frequent Greek word.
ότι
"Ότι" means "that" or "because" in English.
Here, "ότι" is used to introduce a subordinate clause that provides additional information, in this case, the subject of the belief.
Πιστεύω ότι θα έρθει σύντομα.
I believe that he will come soon.
In this sentence, "ότι" is used to connect the main clause with the direct object, explaining what was understood.
Κατάλαβα ότι έκανες λάθος.
I understood that you made a mistake.
Here "ότι" serves to introduce the content of what was told in the main sentence, functioning as a conjunction to connect clauses.