$BTC

Analysis of BTC's bull trap potential:

1. Signs of a bull trap:

- Volume:

+ Volume spikes when the price rebounds

+ But mainly sell orders (42.99% sell vs 34.82% buy)

+ Cash flow is still strongly withdrawing (-8,456 BTC in 5 days)

2. Technical analysis:

- MA lines:

+ Price is below all major MAs (9,20,50,99)

+ Short MA is below Long MA -> downtrend

+ MA(200) = 95,204 is currently a near resistance

- RSI & MACD:

+ RSI = 36.26 in the oversold zone

+ But no signs of a bottom and recovery yet

+ MACD is still sharply declining (-244.41)

3. Signs of a bull trap:

- Price slightly rebounds after a deep drop

- Volume increases but selling pressure > buying

- No confirmation from indicators (RSI, MACD)

- Cash flow continues to withdraw

- Price is stuck below many MA resistances

4. Assessment:

- Probability of a bull trap: HIGH (>70%) because:

+ No positive signs from indicators

+ Cash flow remains negative

+ Selling pressure is dominant

+ MA(200) resistance is close

5. Possible scenarios:

- Price may test MA(200) ≈ 95,200

- If it cannot break through -> reverse down

- Further decline target: 94,500 - 94,000

- Need to monitor volume and cash flow for confirmation