What a crazy time in the world of cryptocurrency, the market is confusing both buyers and sellers.
Bull trap and Bear trap all in one session this is something very crazy, haven't experienced something like this in a while.
Tough times for crypto!
yea bro!! it has been total chaos lately in the crypto market just bull traps & bear traps all in one session! honestly it is more than enough to shake out both bulls and bears without any pity.. I thnk the best strategy right now is to just keep cool head and not to fall for the hypes.... As of today Bitcoin is at about $114,820 & Ethereum sits around $4,776.. this prices just reflect how volatile things have been lately if one is not extra careful!! false break and you ae completely already underwater....the swings have been very brutal like no mercy for the hustlers and both bulls and bears are getting caught in traps like back 2 back. It kind of shows how unpredictable this crypto market can be. Like one sweet minute it looks like we are breaking out into a good rally and the next minute boom everything flips backward and wipes out everyone who went in with heavy hand... but that’s why patience and discipline matter so much here truely because FOMO and panic trading are the fastest ways to lose the little you have.
so as usual if you jumped in thinking it was a clean breakout mehn!! chances are you will just get trapped... I think it is just a smart move to slow down, avoid emotional decisions and treat the game like chess not roulette because in times like this, protecting your capital is just as important as chasing fast and quick gains.