Crypto is really strange.
For PUMP you need: Strong demand, liquidity, Whales money, Good narrative, Strong market sentiment, Hype and A clean technical breakout
While for DUMP you need: One bad news.
That’s why pumps usually take time, but dumps can happen in minutes. To move price higher, many things need to work together. To move price down, sometimes one negative headline is enough because fear spreads much faster than confidence in crypto.
$BTC once again dipped below $77k, while $ETH dumped below $2,400 and $SOL dipped below $100.
The recent bull trap is finally over.
$BTC top was $81,478, $ETH top was $2,566, and $SOL top was $110.
Now we will keep dumping till $BTC reaches $62K to make a real bottom of this cycle.