Analyst: The current market's response to news suggests a bearish bias at this stage

BlockBeats News, February 4th, Crypto analyst Miles Deutscher posted on social media indicating that a typical sign has now appeared, suggesting that the market is currently leaning towards bearishness (lights out mode). The market's reaction to news can tell investors all the information about sentiment. In a bull market trend, the market ignores bad news, but rises as soon as good news comes. In a bear market trend, it is the opposite; the market ignores good news and falls as soon as bad news comes. It is essential to observe early signs of trend reversals, and the market's reaction to news is a simple way to do this.