Trading volume is the most honest indicator. To see whether a piece of news carries weight, just look at the trading activity.
Take this example: trader AguilaTrades made $1.3 million by shorting Bitcoin.
Pay close attention to the timing of the price move and the news: whether the market reacted in advance or only moved after the news came out makes a difference.
$BTC Current price: 69156.36.

Crypto markets move fast, so use leverage with restraint.