😊#NewsAboutCrypto #MarketImpact
There's a daily drama unfolding on TikTok and social media: "If this news comes out, the market will soar, if that news comes, it'll crash." The reality is we've seen news come out repeatedly, and often it doesn't significantly impact the market. Most economic or political news actually affects gold and currency markets more.
As far as the crypto market is concerned, it's currently in its sell trend and bearish cycle, and this cycle will complete naturally – regardless of news coming in between. Ups and downs are normal during this, but linking every move to some news isn't right. Only a few big and unusual news truly impact crypto, like wars or major geopolitical events.
For example, if world peace is established or major conflicts end, the market might see a positive impact – but even then, one news piece doesn't necessarily start a full bull run.
So, instead of chasing every small news, it's crucial to understand the market's technical structure, cycle, and trend. Often news is just an excuse; the real game is the market's cycle and structure. 😊