Crypto traders often only follow headlines "What did the Fed say?", "ETF inflows came in", "the market turned bullish" but the reality is that what moves the market is mostly liquidity; news only acts as a trigger.
When global liquidity expands, risk assets (crypto, stocks) naturally pump. And when liquidity tightens, no matter how much good news there is, the market's upside becomes limited.
This is why you sometimes see:
good news comes out, but BTC dumps.
The reason is simple the market has already priced it in, and whales take profits.
Retail traders need to understand this:
The market is driven by cash flow, not emotion.
If you only trade on hype, the market will repeatedly punish you.
Reminder: Always manage risk, because macro changes are slow but the impact is sudden.
Do you follow news in your trading or charts + liquidity zones?