It appears as though the conduit is a bit shy. When the player stands out of water, the conduit isn't visible nor are it's particles unless the crosshair is a few pixels above or directly on the hitbox but, the sounds are present.
When in water the conduit is present at all times.
Environment
Windows 11 Pro, Build 22000.739; Minecraft: Java Edition, OpenJDK 17.0.3
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