bears waiting for 40k - 50k, hoping for a 2022 fractal, are still staring at the Strait of Hormuz, waiting for some bearish catalyst to trigger a market crash


but Middle East tensions and the Strait of Hormuz aren't moving this market
believing there's a direct correlation between news and price is a classic beginner mistake
if bad news barely pushes price down, and vague or even questionable good news sends it higher, that's a bull market
everything is driven by price action
when markets dump on bad news, it's often because operators want people to believe the drop was caused by the news
right now, no matter what headline comes out, the market is likely to go higher
because that's just where it's headed
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin