Quote from: milewilda on November 23, 2023, 10:53:20 AM

Quote from: arufox on November 23, 2023, 10:40:18 AM

Quote from: MainIbem on June 22, 2023, 07:25:43 PM

Is of no doubt the market has already turned green and ETH surpasses 1.9k, though I was having this feeling to enter the market now that we have full confidence that we are no longer going dip. But I am a bit confused if this could be a bear trap, what do you think of the market is there any good analyst to give accurate results on what would happen next or to know if this is a bear trap.

Even though the market is currently looking positive with ETH crossing the $1.9k level, and the market turning green it is hard to predict with great accuracy what will happen next. Moreover, to determine whether this is a bear trap or not, because anything can happen in the crypto market. That's why it's important not only to enter the market on a whim but also with careful analysis and a sound risk management strategy.

Whenever Altcoins do make out some greens then we do assume that it might already alt season but once Bitcoin would really be making out some huge movement whether going up or down then it would really be always that been dragged down or up basing up on the trend. There's no way that we could be able to determine if its a trap or not. One thing that you should really be observing that whenever do news comes out specially in speaking about fundamentals then expect that there would really be something in speaking about dumping in the market. Always be wise on taking up action whether you would really be securing your position at the bottom or would really be refraining on making some actions and would let pass on the things to cool down.

There's no way on determining about being a trap because the price could neither shoot up further or would really be neither a bear or a bull trap. Its really that hard to determine even if you are someone whose really that
already that knowledgeable or veteran towards the market but due to these unpredictable conditions then it would be never easy on taking up decision.
No person or trader on this world would really be able to know on whats next, but pretty sure that we are aware that manipulation and other correlated
things could really happen.

When altcoins make greens, we assume its alt season, but when Bitcoin makes a significant movement, its always dragged down or up by the trend. We cant tell if its a trap. One thing you should watch out for is market dumping when fundamental news breaks. Always behave wisely, whether you're securing your bottom position or resisting and letting things settle down.

That the price couldnt rise further or constitute a bear or bull trap makes it impossible to determine. Even if you are well-versed in the market, making decisions might be challenging owing to unforeseen conditions. We cannot predict the future, but we are aware of the possibility of manipulation and associated events.