The fanatical fantasy about the Bitcoin conference - "three-day event, currency value soaring" is naive.

The short-term craze has quietly receded, and the market will eventually need long-term support. Wait for the good news of interest rate cuts, and don't rely too much on the conference effect. Bitcoin is brewing a second bottom, which is normal.

This event failed to make the currency price jump over the 70,000 threshold, but when the time is ripe in the future, breaking through this barrier may be a foregone conclusion. Patiently waiting is the best policy.

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