๐ Whatโs Next โ Pump Continuation or Trap Before the Dump? ๐ค
As traders, staying open to both bullish and bearish scenarios is key. Let's break it down using $BTC as the reference point, since altcoins always follow its lead.
After days of sideways movement, $BTC dropped hard, dragging alts down with it. Panic hit the market - retail sold in fear, but guess what? Smart money was buying that dip.
๐ง BTC found major support around $110Kโ$112K, then bounced sharply to $115K. Alts followed suit, bouncing hard from key support levels and giving us two strong green days.
๐ Bullish View:
This bounce could be the beginning of another rally toward BTC ATH and a major altcoin wave. The structure makes sense for continuation - discounted entries, strong supports held, and confidence returning.
โ ๏ธ Bearish Trap Scenario:
But here's the twist - many retail traders missed the dip and are now turning overly bullish. If they start FOMO-buying late, market makers may pull the rug, flush them out with another sharp dipโฆ then begin the real move upward.
๐ฏ My Advice: Donโt chase hype or open random trades just because itโs green now. We're still in a downtrend until BTC breaks key resistance levels.
โ Two Smart Strategies:
โก๏ธ 1. Wait for another dip after a liquidity grab (let the FOMO get rekt).
โก๏ธ 2. Or, wait for a confirmed breakout - then buy the retest.
๐งโโ๏ธ Trade with patience and precision.
Timing > hype.๐
