$ETH #BullTrapOrNot
End of the downtrend or a bull trap? Analysts are divided over the key resistance level and macroeconomic volatility. Additionally, signs of exhaustion are evident; «indecision candles» indicate a lack of buying strength in the upper price range, accompanied by fragile liquidity, meaning a rapid rebound could trigger sell orders before another decline. Although the rebound held up well against the Fed’s interest rate moves, some analysts explain that «solid support» has not yet been established. Others point out that the bull trap is not confirmed—it is merely suspected—because the most recent market data indicate that the bull trap theory is losing steam due to a sharp shift in momentum. Historical data shows that September is traditionally the worst month for Bitcoin, so regardless of opinions or options, caution is always warranted. Are we facing the end of the «crypto winter» that began after the 2025 highs?
End of the downtrend or a bull trap? Analysts are divided over the key resistance level and macroeconomic volatility. Additionally, signs of exhaustion are evident; «indecision candles» indicate a lack of buying strength in the upper price range, accompanied by fragile liquidity, meaning a rapid rebound could trigger sell orders before another decline. Although the rebound held up well against the Fed’s interest rate moves, some analysts explain that «solid support» has not yet been established. Others point out that the bull trap is not confirmed—it is merely suspected—because the most recent market data indicate that the bull trap theory is losing steam due to a sharp shift in momentum. Historical data shows that September is traditionally the worst month for Bitcoin, so regardless of opinions or options, caution is always warranted. Are we facing the end of the «crypto winter» that began after the 2025 highs?