Green Day! But is this a #MarketRebound or a Bull Trap?

After a sea of red, seeing green across the board is a huge relief. But before you go all-in, it's crucial to ask: Is this a sustainable rebound or a "dead cat bounce"?

How to tell the difference:

Check the Volume: A true rebound is supported by strong, increasing buy volume. A weak bounce often has low volume, indicating a lack of conviction.

Watch Key Levels: Did the price reclaim a major support level it previously lost? For example, if $BTC lost $65k, a convincing rebound would see it close firmly above that level.

Look for a Higher Low: The first bounce is just a reaction. The real confirmation comes when the price pulls back slightly but forms a "higher low" than the previous bottom.

Enjoy the green, but stay vigilant. The market loves to play tricks.

#CryptoMarket #BullTrap #TechnicalAnalysis #TradingTips #bitcoin