Recently, the trend of BTC feels like it's been prepared as a welcome gift for the Dubai conference?

The price of the coin has suddenly become so strong. Could it be that the market has already started to warm up for the industry event in Dubai? Before every major conference, BTC always seems to deliver some "surprises," and this time is no exception.

That said, the market during meetings has always been a mystery. Sometimes it rises before the meeting and falls during it, and sometimes it's the opposite. Whether this surge is a real bull or a false breakout still needs to be observed in terms of subsequent volume and the movements of large holders.

Anyway, the market sentiment has risen now. Whether the Dubai conference can become a new catalyst remains to be seen!

BTC-5.87%

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MetaMisery

· 6h ago

The conference market is just a gambler's game, to put it bluntly. Here it comes again, I've seen this trap too many times. Waiting to be dumped, it doesn't feel like it will go this smoothly. Dubai conference? It's probably a rhythm of falling after all the favourable information comes out. If the trading volume can't keep up, it's just a false fire, don't get too excited.

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quiet_lurker

· 9h ago

Is the conference hype back again? Wake up everyone, how many times have we been played for suckers already? Is this wave of rise for real? It feels like it's just the institutions' tricks. Dubai conference? To be honest, I don't really believe in these catalysts anymore; I've seen too many trap markets. What about the volume? Why is it so weak? It feels a bit fake. Rise before the meeting, fall after it. I'm betting this time it’s the same trick again, everyone be careful.

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HalfPositionRunner

· 9h ago

Ha, there will definitely be a pump before the meeting, I'm too familiar with this routine. It's another market trend for the conference, every time it's like this, they trick me into entering the market. The trading volume is insufficient, it feels like the market maker is testing the waters. Dubai conference? Wake up, what rises fast also falls fast. Waiting to see the subsequent direction, I'll withdraw half of my position first.

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GasBankrupter

· 9h ago

The recent pump before the Dubai conference feels a bit hollow... Every time there's a conference, it’s like this; it’s all hype before the event, then it starts to plummet. --- By the way, is it true or not? Are the large investors really positioning themselves this time, or are they just playing people for suckers again? It’s a bit hard to see through. --- Conference catalyst? Haha, I just want to see if this can hold until the conference or if it peaks before. --- To be honest, the rhythm of BTC is indeed quite stuck, but I still think there will be fluctuations later. I generally don’t trust rebounds with insufficient volume. --- I like this feeling of uncertainty; anyway, the gas fees are gone, so I’ll just watch the show. --- The reason for the Dubai conference feels a bit forced; is the market really that foolish? --- Observing the volume and the movements of large investors is a good logic, but can you really see what they are doing? I can’t see through it.

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