The biggest lie of cryptocurrency speculation is:
The data release is positive, so it will rise in the future.
In fact, the future rise and fall have nothing to do with the data, and the rise will not be attributed to the data.
For example: CPI data is positive, so it is believed that it will rise in the future.
In fact, the future rise and fall have nothing to do with the data, and the rise will not be attributed to CPI.
For example: employment data is positive, so it is believed that it will rise in the future. In fact, the future rise and fall have nothing to do with the data, and the rise will not be attributed to employment data.
For example: non-agricultural data is positive, so it is believed that it will rise in the future. In fact, the future rise and fall have nothing to do with the data, and the rise will not be attributed to non-agricultural data.
For the above, most of the kols attribute all the future directions to their own accuracy.
Everything is a lie and hype!