When it comes to trading coins, do you think candlestick charts are more useful or are news and rumors more effective?

Just saw a comment from an experienced guy in a group: "Every coin's surge has a reason, it's impossible for the price to pump out of nowhere. Do you know why a certain Layer2 project pumped 20% today? Because the founder tweeted a hint about listing on a major exchange. News is the most important thing in trading coins, technical analysis is just a supplement."

I half agree and half disagree with this. News is important, no doubt, but putting it as the top priority? Not necessarily. Take that Layer2 project for example—the tweet was posted three days ago, so why was there no reaction back then, and only today did it pump? When I checked yesterday, it was still on a downward trend. Look at another example—a certain fitness-themed coin. When I took a screenshot yesterday, there was basically no news, but today, suddenly, there was a "metaverse fitness platform partnership" announcement and it immediately hit the daily limit up, and everyone said it was because of the news.

But here's the thing: why are some people able to get in before the news comes out? Isn't it because on-chain data, wallet distribution, and trading volume—these technical indicators—had already given it away?

My view is—technical analysis and news analysis need to be used together; you can't do without either. If I had to pick which is more important, technicals should come first. Why? Because retail investors simply don’t have access to news that fast. By the time you see the "good news," you’re probably already the bagholder. Not to mention, the market is full of fake news and hype. Whether news can actually translate into price gains ultimately depends on whether the whales have built up positions. If the big players haven’t accumulated, no matter how explosive the news is, the price won’t move.