The BTC conference has kicked off, but the market trend is showing an adjustment trend. In the crypto circle, hype is often based on expectations. The market is enthusiastic before the news is clear, and once the news is clear, the market begins to adjust. This has become a consensus in the industry.
If you are still in a panic of FOMO (fear of missing out) because of the BTC conference, and fantasize that the price of the currency will soar during the conference, it is probably too naive. In fact, the short-term market carnival has ended ahead of schedule.
The real trend of the market still needs to rely on long-term positive factors to drive it. We should be patient and wait for the upcoming interest rate cut opportunity. We should not have too high expectations for the BTC conference, because the market may need to experience a correction to find a new support point.
Although this conference failed to push the big cake to break through the $70,000 mark, I believe that in the near future, as market conditions mature, BTC is expected to challenge and break through this important barrier again. #比特币大会 #山寨季何时到来?