Bitcoin and Ethereum’s move today
Can I understand this as a bull trap?
After all, dumping doesn’t require costs, but pumping does require real money.
In a period when even staying alive is difficult, who would be willing to spend so much capital to drive the price up.
$BTC $ETH
I stick to a 50x short thesis. There really isn’t enough reason for the price to rise—an era where everyone wants to cash out and exit. How could anyone possibly deposit that much capital and wait for everyone to get out of their positions with profits.
All the rallies are setting traps.
Can I understand this as a bull trap?
After all, dumping doesn’t require costs, but pumping does require real money.
In a period when even staying alive is difficult, who would be willing to spend so much capital to drive the price up.
$BTC $ETH
I stick to a 50x short thesis. There really isn’t enough reason for the price to rise—an era where everyone wants to cash out and exit. How could anyone possibly deposit that much capital and wait for everyone to get out of their positions with profits.
All the rallies are setting traps.