Don't chase as soon as the news breaks; wait for the candlestick to close before making a judgment.
Take this case: Wormhole (W) has fallen more than 40% from its high, while a long position on Hyperliquid is sitting on nearly $900,000 in unrealized losses.
Pay close attention to the timing gap between the price movement and the news: whether the price rose before the news came out or the news was simply noticed later makes a difference.
$W 。
#W
Take this case: Wormhole (W) has fallen more than 40% from its high, while a long position on Hyperliquid is sitting on nearly $900,000 in unrealized losses.
Pay close attention to the timing gap between the price movement and the news: whether the price rose before the news came out or the news was simply noticed later makes a difference.
$W 。
#W