đ¨ **Bitcoin Alert: Bullish Hype or Big Trap?** đ¨
Bitcoin is currently trading at **$60.5k**, and there's a growing buzz about the market being bullish again. But don't get carried away just yet! This could be **a strategic trap by whales** looking for **huge liquidations**. Here's why you need to stay cautious:
đ´ **Bears are Strong**: Despite the upward movement, bears still hold significant power, and they're waiting for overleveraged positions to collapse.
â ď¸ **Avoid High Leverage**: Leveraged traders are at risk! Whales might manipulate the market to trigger liquidations and profit from forced sales.
đ **Stay Sharp**: Keep your leverage low, manage risk, and donât get lured into a potential bull trap. A correction could hit hard if the whales decide to pull the plug.
