Beware! Bitcoin may face a waterfall decline after the 'ultimate bullish trap'
This Wednesday and Thursday could become a critical turning point for the cryptocurrency market — Bitcoin is currently at the end of the B wave rebound in the wave model, which is the 'ultimate bullish trap' stage, and the subsequent C wave decline may trigger a large-scale sell-off.
From a technical perspective, Bitcoin has not undergone a significant correction since rising from $75,000 to $110,000, and recently breaking below the upward trend line has released a dangerous signal.
The market generally believes that this round of 'pseudo-breakthrough' is essentially a trap set by the main players to lure investors: the increase from $70,000 to $110,000 has not seen sufficient adjustment, and a larger correction may be brewing.
It is worth noting that sensitive small-cap coins have already entered a downward mode: Sol has fallen from nearly $190 to $140, and Pepe has nearly halved from its high of $0.16.
Historical patterns show that small-cap coins often serve as a 'barometer' for market turning points — their early declines usually indicate that mainstream coins like BTC will also follow suit.
Risk reminder: Do not misinterpret the current rebound as a trend reversal. After the B wave bullish trap ends, Bitcoin may start the C wave major decline, forming a classic trading pattern of 'the last rise to harvest latecomers, followed by a waterfall-like sell-off.'
It is advisable to closely monitor signals of key support level breaks, control positions, and prepare for stop-loss measures to avoid becoming a victim of the 'ultimate harvest.'
