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What is a bear trap in trading and how to avoid it?

Intended to convince market participants of a price correction, bear traps are orchestrated by entities with large holdings to make quick profits.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

What is a bear trap in trading and how to avoid it?

Intended to convince market participants of a price correction, bear traps are orchestrated by entities with large holdings to make quick profits.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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