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$79,000 reached.The bull trap is done.Every move higher keeps getting sold.Now the next phase begins.
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Post by Sunil Gurjar, CFTe on X: #trading
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🚨 WARNING: BIG TROUBLE AHEAD!$76K has been hit.The crowd buys, thinking the reversal has begun.They have no idea they're walking into the same meat grinder as 2022.The trap mechanism is repeating perfectly:Fake breakout → Reversal → Dump 10-14% → RepeatWe've seen it play out three times already this year:February: Local peak → -11%March: Fake ATH → -14%April: $76K trap → next leg loading
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$76K has been hit.The relief rally is over.We are now entering the fina…
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