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Conference Trends and Market Resilience
Recent events have revealed significant competition among projects like Sui and Sei for market dominance. Notably, Sui's recent performance during high-profile events, such as the participation of Steve Aoki, defies the historical trend where conference hype typically signals market tops. There's a shift in investor behavior marked by a prevailing sentiment of caution following a challenging summer, leading to a tendency to sell during price increases and buy during dips. Currently, the market appears to be in a tight holding pattern, with prospects for sustained upward movement in major cryptocurrencies like BTC and ETH, while remaining aware of the possibility for temporary downturns, especially with the upcoming October market fluctuations influencing traders' actions.