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Market Sentiment Amid Russia-Ukraine Escalation: A Perspective on Price Movements

In light of the recent escalation between Russia and Ukraine, which saw a series of drone and missile attacks resulting in casualties and damage to critical infrastructure, it is worth noting that negative news often coincides with market bottoms, not tops. If we were truly at a market peak, positive news would dominate the narrative to attract new investors and capitalize on greed.

From my perspective, the current phase suggests the potential for further upward movement to higher price levels. Once positive news becomes the prevailing trend, it might be time to consider exiting the market. For now, I see no reason to do so. Moreover, news does not directly drive price movements; it merely reflects the state of market indicators, such as overbought or oversold conditions.