🔥 Are you someone who waits for the weekly close or someone who anticipates economic data $ETH $BNB
🔥 There is a vast difference between those who wait for the weekly close of $BTC and those who anticipate economic data and base their decisions on it. A trader who only observes the weekly close views the price as the final result of the movement, without delving into the real reasons that led to it. This approach often relies solely on technical analysis and places significant weight on the weekly candle, even though it does not necessarily reflect the economic shifts or impactful decisions that occurred behind the scenes.
🔥 In contrast, those who await economic data and prioritize fundamental analysis are more aware of the nature of market movements, as they understand that prices move according to fundamental factors like inflation, interest rates, and central bank policies. These factors determine the overall trend and give the movement its true meaning, while the weekly close remains merely a result of prior events.
🔥 Therefore, the significant preference remains for fundamental analysis, with technical analysis used merely as a supportive tool for timing. Understanding the reason before observing the result gives the trader a deeper insight into the market and reduces the tendency to get carried away by temporary price movements that may be misleading and do not reflect the actual economic reality.
