I am seeing this also another bull trap. this is also for temporary purpose. do not invest in the edge/highest peak that will the stupidest work. observe the market.
i am holder so i always refrain from day trading. how about your view this green signal ?
Sudden green with high volatility will always have a dump after that. It will always make a correction and may continue to pump again. But since there are always a bad news it could be a bear trap.