#TradeWarEases
News creates waves, not for the faint of heart.
The crypto market is experiencing strong fluctuations following the news of "Trade War Eases" – as the U.S. and China agree to reduce tariffs over 90 days. This news has brought a fresh breeze to market sentiment, causing many coins to rise – then quickly fall before one can react.
During this period, technical analysis is almost rendered ineffective, as prices move according to news flow hourly. Those who "trade by the charts" can easily get swept out, while news surfers can profit significantly. This is an extremely sensitive trading rhythm – quick wins, but also easy to "go bust" if entering at the wrong time.
If you lack experience, it’s best to stay on the sidelines and observe rather than dive in when the market is volatile due to news.