Once a year, the Bitcoin conference lasts for three days and is held in Las Vegas. After the last conference, the price underwent a continuous adjustment. Although the reasons may not necessarily be related to the conference, as long as there are no ongoing positive factors afterward, the price is likely to face a wave of adjustments. Moreover, at least up until now, there hasn't been anything particularly novel discussed at each conference; most of the time, it’s the same old topics. This conference may not be an exception.

Whenever new narratives and positive factors are not visible, and positive factors are gradually exhausted, combined with the actual interest rate cut expected after September, there will be a three-month gap in June, July, and August. Even if the interest rate meeting in July roughly confirmed that there would be a rate cut in September, that was something that happened on July 31. Thus, a significant adjustment is likely to occur between June and July.

With this in mind, there may not be much time left for $btc to rally. After this conference concludes, which is tomorrow, one should be cautious about the risk of a market downturn. Lastly, let’s mention some statements made by key figures at the conference, such as Senator Cynthia Lummis's remarks.

1. Our country’s ban on mining has made the U.S. a crypto capital.

2. U.S. military leaders are strong supporters of strategic Bitcoin reserves to enhance economic strength.

3. Over 30 states in the U.S. are preparing BTC strategic reserves. #比特币2025大会 #特朗普媒体科技集团比特币财库 #Strategy增持比特币