Is the market really bullish or is this a typical bull trap, and then it riches back hard?
BTC is stating one of the support points, alts are recovering and sentiment is encouraging. However, the volume is uneven, and the liquidity areas are not explored yet. Retail feels quite confident, and it can be a move by smart money. Are we experiencing real accumulation or artificial hype run-up?
Sell the view rationally - charts, levels or on-chain indicators.
Q: How to confirm a bull trap?
A: Be aware of poor volume.
#Onchain
#BTC
#MarketAnalysis
#trading
#bullish
BTC is stating one of the support points, alts are recovering and sentiment is encouraging. However, the volume is uneven, and the liquidity areas are not explored yet. Retail feels quite confident, and it can be a move by smart money. Are we experiencing real accumulation or artificial hype run-up?
Sell the view rationally - charts, levels or on-chain indicators.
Q: How to confirm a bull trap?
A: Be aware of poor volume.
#Onchain
#BTC
#MarketAnalysis
#trading
#bullish
