It’s worth getting involved only when the news and the candlestick chart are moving in the same direction. When they diverge, keep an extra close eye on things.
Take this latest news item as an example: Aerodrome and Velodrome, the two major DEXs on Base and Optimism, have officially merged.
Watch to see whether more media outlets pick up the story—the more it gets reposted, the greater its impact.
$AERO is currently at 0.8237 (24h -6.91%).

#AERO

Personal opinion only; this is not investment advice or a recommendation to buy or sell.