It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
indeed in trading we have to look at the market price volume, but for me I can't leave the news. I myself still rely on the news to decide which coins I hold, whether to be sold or have to stay afloat. because for myself, it's quite difficult to read market charts and have an accurate strategy in trading crypto if I don't balance it by looking at the news. indeed there are a lot of news that are not in accordance with market reality. but in my opinion, not all news is like that.