Do not neglect fundamental analysis.

[Rruchi man]

And at one point technical analysis can even not work due to fundamental news which sometimes contradicts technical analysis. So fundamental analysis is often considered more important by some traders and they then carry out technical analysis after fundamentals. And it will indeed be very effective if the two are combined.

It depends on the trader that you are. If you do not just trade often but wait until you heard or read some news which can give you where the market is going, then enter position, such traders may not really know much about technical analysis. But if you are a scalper, you may not just prefer fundamental analysis but prefer technical analysis. But the best is to go for both and be an expert in both.

Negative events can cause a massive sell of a coin by holders and the knowledge of these events can help you understand the position or the direction that the market is going likewise a positive event. As a trader fundamental analysis is quite necessary to be carried out first because on days where there are high impact events, some crypto pairs can completely be avoided, or because of the awareness of the forthcoming news or events that will have an effect on the market, a smart trader who does not trade often can take advantage of it by trying to make a research on the event to know if it's a positive event that can cause a massive buy, or a negative event that can result in massive sell.

Technical analysis will show you the direction of the market based on what you are seeing and you will be sure of it, while fundamental analysis will give a hint on the direction of the market based on a forthcoming news or event. Like I said before, knowledge of both greatly increases your chances of hitting your TP.

[Charles-Tim]

Technical analysis will show you the direction of the market based on what you are seeing and you will be sure of it, while fundamental analysis will give a hint on the direction of the market based on a forthcoming news or event. Like I said before, knowledge of both greatly increases your chances of hitting your TP.

Fundamental analysis will not give a hint on the direction of the market based on a forthcoming news or event but based on the present news and events. I think that is what you meant but adding forthcoming makes it entirely to have different meaning. I have posted before on this thread that fundamental analysis is good for swing traders and those that prefer to wait and buy or sell after seeing the news. But scalpers are not that patient and they depend on technical analysis. A scalpers can do without fundamental analysis.

[Findingnemo]

Fundamental analysis is indeed for investors and mid term traders while it may not be that much useful for intraday traders that's why they rely mostly on the technical analysis which isn't gonna give an accurate prediction either but they have to trust the market patterns for their future decisions since there is no better way than this.

If you manage to get ahold of every news related to the project that you invested then it's good and can give you an opportunity to make money as well but in reality we see the news when it hits everyone and by that time everyone will be doing what you are planned to do.

[Gurujebs]

I never underestimate fundamentals in trading because when you add this as your confluence it will increase the probability that your analysis will materialize. That's why I always consider fundamentals when I trade no matter how good is the structure of the market. There are people who only trade with fundamentals and able to make profit, but I believe that adding technical analysis in your trades can maximize the profit and minimizing the risk.

During the bull run, the fundamentals beat any other analysis you can think of, all coins are pumped because of event, news and updates that a project has and not the technical. In fact majority of people don't follow more of technical during bull run and that's why many people that hold their coin make money on this period.

Fundamental analysis is the bed rock of how the market works here, if a coin is trading and you do a technical analysis and it tells you that the coin will go up, a fundamental news is enough to destroy that technical analysis. This is why fundamental of every projects need to be respected.

[milewilda]

I never underestimate fundamentals in trading because when you add this as your confluence it will increase the probability that your analysis will materialize. That's why I always consider fundamentals when I trade no matter how good is the structure of the market. There are people who only trade with fundamentals and able to make profit, but I believe that adding technical analysis in your trades can maximize the profit and minimizing the risk.

During the bull run, the fundamentals beat any other analysis you can think of, all coins are pumped because of event, news and updates that a project has and not the technical. In fact majority of people don't follow more of technical during bull run and that's why many people that hold their coin make money on this period.

Fundamental analysis is the bed rock of how the market works here, if a coin is trading and you do a technical analysis and it tells you that the coin will go up, a fundamental news is enough to destroy that technical analysis. This is why fundamental of every projects need to be respected.

If you've been doing trading around for a while then you would really be able to see the relevance about having these news or fundamentals which its true that no matter how well those technicals that you had set out but if the news around is something that would neither be positive or negative then it would really be definitely messing up on the technicals that you had set out earlier.
This is why it would really be best that you should really know on how to make use of technical and fundamentals on which you would really be able to at least do knows
on where prices could potentially go basing up on the news or events that had been seen out.

[EthereumDev_]

During the bull run, the fundamentals beat any other analysis you can think of, all coins are pumped because of event, news and updates that a project has and not the technical. In fact majority of people don't follow more of technical during bull run and that's why many people that hold their coin make money on this period.

Fundamental analysis is the bed rock of how the market works here, if a coin is trading and you do a technical analysis and it tells you that the coin will go up, a fundamental news is enough to destroy that technical analysis. This is why fundamental of every projects need to be respected.

The bull run made many cryptocurrency observers very happy because all the predictions of price increases that they made were mostly realized, but for now it seems like they are entering a bearish season where many cryptocurrency prices will fall to their basic prices again.

[legend45]

The bull run made many cryptocurrency observers very happy because all the predictions of price increases that they made were mostly realized, but for now it seems like they are entering a bearish season where many cryptocurrency prices will fall to their basic prices again.

I don't think that this is a bearish season, in my opinion this is just a correction and the price of bitcoin will rise again soon. So the analysis used to look at Bitcoin and the current market should be focused on next year, because the bullish season is expected to occur next year.

[Jamal Aezaz]

I don't think that this is a bearish season, in my opinion this is just a correction and the price of bitcoin will rise again soon. So the analysis used to look at Bitcoin and the current market should be focused on next year, because the bullish season is expected to occur next year.

Yes this is not bearish season because the price remains higher for long timing and as the current price is a little bit lower so it does not suggest that bear season started but it will recover very soon again if the effects of halving remains positive.

Bullish season has been started but it will not end easily but will remain until 2025 and up to that we will see 100k$ achievement for Bitcoin. It's not just a correction but some whales have impacted the worth of the market by increasing the percentage of selling for their own advantages.

[EthereumDev_]

I don't think that this is a bearish season, in my opinion this is just a correction and the price of bitcoin will rise again soon. So the analysis used to look at Bitcoin and the current market should be focused on next year, because the bullish season is expected to occur next year.

It's true, currently many altcoins are increasing their prices again so lucky for those who have bought altcoins at cheap prices, now the price has increased, we should be able to take advantage of this altcoin season situation to increase the number of assets we own.

[Mr. Magkaisa]

To really get an accurate prediction in trading traders are often required and advised not to totally depend on technical analysis, forgetting fundamental analysis. With proper timely information from the news, you can make a lot of profit on a trade.

If you know that you will not be able to keep up with news updates as the come up, you can make a smart move on setting notifications on various crypto news handles on social media platforms like X, so that whenever there's a new development consigning cryptocurrency and a particular coin you'll be among the very first people to hear about it. Some traders make millions from just taking advantage of the news, and they are also able to avoid losses too due to fundamental analysis.

With Technical and Fundamental analysis, the chances of making profit from a trade increases massively.

         -   Actually, technical analysis and fundamental analysis are a good combination to use both of them; they should not be separated, mixed, or fought; it should not be like that; instead, they should be side by side, which will help our traders in the crypto space.

Maybe the others just don't know how to do fundamentals, and maybe they only do technical analysis most of the time, so just study it if you have the chance.