"News does not change the trend"
This phenomenon has repeatedly appeared in reality and in the cryptocurrency circle.
In the bull market, no matter how bad the tokens are, the price of the coin will rise. Even if there is a little bad news, it will be pulled back immediately after falling.
In the bear market, no matter how good the coin price is, it will not rise. Once the good news comes, it will rise and then return to its original state.
In the real world,
In the past, when the real estate market was bullish, no matter how high the loan interest was, no matter how strict the purchase restrictions were, no matter how many public intellectuals were bearish on real estate, housing prices continued to rise.
Now that the real estate market is bearish, no matter how the price is reduced, the interest rate is reduced, and the purchase restrictions are lifted to save the market, housing prices are still falling.
From the phenomenon of the cryptocurrency circle, the stock market, and the real estate phenomenon, it can be summarized that news cannot change the trend.
Using this law,
In the bear market, if there is a rebound in good news, run quickly or wave band.
In the bull market, buy and hold the wave band when there is bad news.
Long-termists only need to see the real trend and don't care about short-term cyclical fluctuations.
