BTC is back at 40k and some alts like BnB and ETH are slowly rising again is this another bear trap or bull trap? What are we looking at here? To me it looks like the market keeps going down.
Well my personal opinion is that the market is holding up very well given the current circumstances. There would be so many reasons right now that the crypto market should be crashing (including the Ukraine war, global money printing being cut back, inflation, etc), but it's not. To me, that gives me hope that the market could quickly rise again as soon as the risk factors diminish a bit.