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Explains price precedes news using Lighter example with weekly SFP and 12-hour breakdown structure.

From Anthropic's $2 Trillion IPO: The Top of the AI Bubble? · jumps to 55:32 · speech

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There was a Robinhood partnership announcement between lighter that I think caused the pump. But now before this came out, before this came out, this news just dropped, I told you about the bearish chart first. So what comes news first, the chicken or the egg? I always say that price precedes the news. The news injects volatility. We knew that lighter was putting in a bearish setup. We had the weekly SFP. And then we had the 12 hour break in structure and breakdown.
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