News with the tag "bull trap"

A closely followed crypto analyst says that smart contract platform Solana ( SOL ) is setting up a bull trap for investors. In a new strategy session, pseudonymous crypto analyst Crypto Capo tells his audience on the social media platform Telegram that the Ethereum ( ETH ) rival looks like it’s read...

A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.

According to cryptocurrency research firm LookonChain, an Ethereum (ETH) whale may sell its assets after lying dormant for five years. From June to August 2017, the whale received 47,260 ETH, worth $11.34 million. The whale’s average cost per coin was roughly $240. Since 2017, the price of ETH has i...

The Bitcoin (BTC) rally came to a halt on Thursday, giving way to the crypto majors ether (ETH) and Solana (SOL), which surged to a new 19-month high and led the crypto rally. Following its meteoric rise to near $45,000 earlier this week, Bitcoin fell to $43,000 during the day, indicating that trade...

Bull traps, those tricky market scenarios that can lead to significant losses, are a familiar challenge for both traditional financial markets and the dynamic realm of cryptocurrencies. Understanding their nature, how The post Navigating Bull Traps In Financial Markets And Cryptocurrency appeared fi...

David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an interesting development for global markets in the fourth quarter of 2023. According to him, global markets will experience a remarkable surge, aptly described as a “melt up.” However, this surge will be short-lived, a...