Consensus HK Day 1: The venue is packed, side events run until dawn. When the market opens, BTC is still hovering around 69,000. It’s always like this at every conference—speaking about the future on stage, while the market is bearish offstage. ETF saw outflows of 1.5 billion in a week. But honestly, the real deals are usually made during these times. No one lacks money in a bull market; it’s during a bear market that you see who’s truly serious.