Looking at this bounce from $BTC ae, don’t get too excited.
Personally, I smell a massive bull trap, we haven't hit the bottom yet.
There's a high chance it will spike up to create a lower high to lure the crew into fomo, then in Q3, it will smack down to a new bottom to complete the cycle.
At this point, I prefer to hold cash and just sit back to observe, not getting greedy over these deceptive green candles.
I still believe this bounce is the century's uptrend to jump in for liquidity, right?
Personally, I smell a massive bull trap, we haven't hit the bottom yet.
There's a high chance it will spike up to create a lower high to lure the crew into fomo, then in Q3, it will smack down to a new bottom to complete the cycle.
At this point, I prefer to hold cash and just sit back to observe, not getting greedy over these deceptive green candles.
I still believe this bounce is the century's uptrend to jump in for liquidity, right?