Will it fall every time? The market game before the Bitcoin conference.
1. The Asia Bitcoin Conference will be held from August 28 to 29, 2025, at the Hong Kong Convention and Exhibition Centre located at 1 Expo Drive, Wanchai, Hong Kong. In previous years before the conference, Bitcoin often experienced a fall, and "falling during the conference" seemed to have become routine. However, this time is different; funds are continuously accumulating during the Asian trading session, and most chips have completed their exchange. Market sentiment has shifted: if there is a small fall, there will be slight buying, and the bull market may still have room for a rebound. 2. Last night, Bitcoin once again fell below recent lows, but the market showed a divergent trend—most altcoins did not decline simultaneously. The core reason is that altcoins have not yet entered a downward cycle, and prices remain at relatively low levels, lacking the momentum to continue to dip in the short term, showing initial signs of resilience.
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Will it fall every time? The market game before the Bitcoin conference.
1. The Asia Bitcoin Conference will be held from August 28 to 29, 2025, at the Hong Kong Convention and Exhibition Centre located at 1 Expo Drive, Wanchai, Hong Kong. In previous years before the conference, Bitcoin often experienced a fall, and "falling during the conference" seemed to have become routine. However, this time is different; funds are continuously accumulating during the Asian trading session, and most chips have completed their exchange. Market sentiment has shifted: if there is a small fall, there will be slight buying, and the bull market may still have room for a rebound.
2. Last night, Bitcoin once again fell below recent lows, but the market showed a divergent trend—most altcoins did not decline simultaneously. The core reason is that altcoins have not yet entered a downward cycle, and prices remain at relatively low levels, lacking the momentum to continue to dip in the short term, showing initial signs of resilience.