🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Share your story on Gate Square, and embrace the next 30 million together!
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Warning: This is the biggest Bitcoin trap in history
The Bitcoin market is more volatile than ever with expectations and beliefs in a major price hike. But behind that picture, a subtle trap is being set up that could make even seasoned investors pay the price. Here are the things you need to note right away to avoid falling into this trap: 1️⃣ Fake breakouts at important resistance levels Bitcoin often tests significant resistance levels, such as $99,000 or even $150,000. This can create the feeling that the price is actually breaking through the barrier to rise even further. However, in many cases, these are just "fake-outs" - moves designed to lure traders into large buy orders before the price suddenly reverses and wipes out accounts. 👉 Advice: Do not participate in trading as soon as you see a breakout. Confirm the signal with high trading volume and the actual price breakout in the next few candlesticks. 2️⃣ Whales and large organizations are "setting traps" Big whales and financial institutions often take advantage of market sentiment to manipulate prices. They push prices up to create greed from retail investors, and then sell off at the top, leaving heavy losses for latecomers. 👉 Secret: Monitor the wallets of large whales and any abnormal fluctuations in trading volume. This is an indication that manipulation may be imminent. 3️⃣ The game of "sweeping liquidity" Most traders place stop-loss orders at clear price levels. This creates opportunities for market makers to push prices to those areas, triggering stop-loss orders and collecting liquidity before reversing the price. 👉 Strategy: Avoid placing stop-loss orders at predictable price levels. Consider dividing your position and gradually building your orders at different price levels. 4️⃣ Hype from media and FOMO effect When Bitcoin increases in price, the media often amplifies the excitement, creating a sense that you are missing out on opportunities. This causes many investors to make hasty decisions and even use excessive leverage to not 'miss the boat'. 👉 Correct action: Stay calm, don't let the media dictate your emotions. Always stick to your investment strategy. 5️⃣ Rumors about the "final collapse" There are many rumors that there will be a significant crash before the market enters a long-term growth phase. Although this may be an opportunity to buy at the bottom, it does not rule out the possibility that prices will fall even further, trapping many investors. 🔑 Lesson learned: The Bitcoin market is full of volatility and always contains unpredictable traps. To overcome them, you need to analyze the data carefully, manage risks tightly, and eliminate decisions based on emotions. DYOR! #Write&Earn #Write2Learn $BTC {spot}(BTCUSDT)