$ETH ETH’s recent rapid rise followed by a slow decline has raised concerns of a potential bull trap. The surge may have been driven by short-term speculation, fueled by optimism around ETF approvals and broader market recovery. However, the subsequent lack of follow-through, especially while Bitcoin remains strong, hints at weakening momentum. This pattern often lures late buyers into thinking a sustained uptrend is forming, only to reverse as early buyers take profits. If Ethereum fails to reclaim key resistance near $1,750 with strong volume, it could confirm bearish divergence. While fundamentals remain intact long-term, traders should stay cautious—watch for confirmation signals and volume trends before jumping in. This could still be a shakeout phase.

is $ETH 's rapid rise a BULL trap?

ETH

2,692.71

+7.34%