BlockBeats news, on May 27, QCP released its daily market observation stating that Bitcoin's response to last Friday's macroeconomic developments has been relatively restrained, despite the significant rise in the stock market. The demand for Spot ETFs from institutions remains stable, providing underlying support for the market. Nevertheless, the front-end implied volatility remains robust, with Bitcoin prices consolidating in a narrow range of $107,000 to $110,000. The recent high volatility indicates that traders are positioning themselves for headline risks ahead of the Bitcoin conference scheduled to be held in Las Vegas from May 27 to 29. Market attention has begun to focus on the lineup of speakers at the conference, including JD Vance, Michael Saylor, Donald Trump Jr., and Eric Trump. The Bitcoin conference held in Nashville last July provided a useful reference. At that time, President Trump delivered a keynote speech.