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Bear traps can occur in all asset markets, including equities, futures, bonds, and currencies. It's difficult to tell if the downward correction will continue or become a bear trap.
A new technical outlook from crypto analyst EGRAG is turning heads in the XRP community. He cited key moving average setups ...
Bear traps are similar to another false market indicator known as the “dead cat bounce.” The colorful term was coined in the San Jose Mercury Journal in 1986 by financial writer Raymond DeVoe Jr.