🔥 Theater performances at the market continue! 🔥 Binance is under attack: they were sued for deliberately causing FTX to go bankrupt.
And all because shortly before the collapse of Binance, they sold a large number of FTT coins.
The trial of Sam, the founder of FTX, is also ongoing, and news is already spreading that the Ukrainian was not allowed to be a witness in the FTX case. It would seem like a tragedy... But there are hundreds of such “witnesses”, and for some reason no one noticed them before. And the theft of the teaser comes up, and the BTC ETF: sometimes they agree, sometimes they don’t... 🤦♂️ The situation changes like the mood of a young woman. 🚀
Now look at the point: none of this matters at all. Let's clarify the situation and understand how mass manipulation works.
News like the ones listed above can come out in the thousands every day. Their only function is to create the mood and “weather” in the market. 💡 So that people start asking questions: “So, are we going to fall?” or “Oh, that’s definitely the moon!” And the hamsters, twitching back and forth, begin to buy, sell, or otherwise lose money. 🤷♂️
It is important to understand that when you see news, in most cases (not always) it has already played out in the market, and is not “about to play out.” Let's look at the example of Tesla selling Bitcoin.
🔔 News comes out: “Tesla sold Bitcoin.” At the time of this news, Bitcoin costs, say, $20,000. The crowd reacts: “Oh, Elon is not a fool, so he wants to buy lower” or “Bitcoin is a scam” or “This will affect the market.” Local sales begin at $20,000, tinsel arises, which leads to fluctuations of ±2%. And “experts” in chat rooms and “expert” bloggers begin to argue whether and how this will affect the market.
❗ In fact, Tesla ALREADY sold Bitcoin - perhaps at $30,000 or $35,000 a couple of months ago or more. This has already been reflected or not reflected in the market. That is, the event has already happened, the market reacted a long time ago, when no one had even heard about it. And the news now is just dust in the eyes. Analysts and adequate market participants understand that Tesla filed the report now, and did not sell Bitcoin now. When exactly she sold and at what price is not clear, but one thing is clear: this sale has already been taken into account by the market, and everything that could happen has already happened. 🌐
Now let's go back to the time of Tesla's actual Bitcoin sale. There was no news then, but the market somehow reacted. However, the movement that the actual sale caused was explained by “experts” and bloggers by other events, since some news was also coming out then, and also belatedly. 😜
📢 This was just an example of news - all events, dates and amounts are fictitious to convey the meaning. And the point is that the news noise that you fill your head with every day is worthless. Movements in the market that occur at the time of the release of one piece of news may be caused by actual events, the news of which will be released only after a while.
