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I Warn of a Bull Trap — I Forecast a 116K Dip
I believe the bull trap is real — I expect the next dip to fall to 116k.
I view the recent rally as a likely short-lived move in the crypto market, and I’m cautioning traders to prepare for a pullback to the 116k area.
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AI Analysis
The claim that a bull trap is occurring implies the recent upside move may lack sustaining momentum and could reverse sharply. A bull trap typically presents as a convincing breakout that lures buyers...
AI Recommendation
Given the view that a bull trap is in play, a prudent course is to reduce directional exposure and tighten risk controls. Traders holding long positions may consider scaling back size or moving stop-l...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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