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The news in the crypto world is only for the sake of market trends. For example, during the dumping phase of the main uptrend, it is mainly characterized by Favourable Information. A large number of Favourable Information appears, but the market stops rising at the resistance level, with numerous fakeouts. Retail investors chase after breakthroughs, but the market always falls back down. After pulling back to a certain level, it will be sideways for a long time, just to deceive retail investors to get on board with Favourable Information. At the same time, the FOMO sentiment of the entire Bull Market is in place, with a large number of retail investors dumb buying. Finally, an extreme fall with Unfavourable Information occurs, directly leading to being dumped. And retail investors do not want to Cut Loss and exit, ending up trapped and exiting the market.
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