The Bitcoin Conference continues to bring positive news, can the market continue to rise?
1. News
1. Market News
From the perspective of market news: the recent sentiment in the market has been predominantly positive, and the ongoing Bitcoin Conference has generated some consistent positive effects, leading to a significant market trend before the 29th.
2. Institutional Data
From the perspective of institutional data: the market's major players have shown severe polarization, with net inflows continuing to be driven by BlackRock. When they stop buying, it will signal a time when the market is poised for significant divergence and directional change.
3. Market Sentiment
From the recent market sentiment values: the sentiment has been consistently declining, indicating that prices are likely to experience a continuous downward trend. Consequently, the difficulty of future price increases increases, and downside risks grow. #wct $ETH