The data just came out—4.2%—exactly the same as what I predicted before. The market also really “plays along”: it first faked an upward move, then the head starts increasing volume. Doesn’t it look pretty intimidating, right?

But let me tell you—this is a typical bull trap.

Non-farm payrolls beat expectations, CPI is back in the 4-something range, and rate-hike expectations are still hanging overhead. The overall environment hasn’t warmed up at all. This surge now is nothing more than head-covering plus a short-term rebound manufactured by retail chasing after traps. The fact that the trap volume can be released is precisely what shows exhaustion isn’t far off.

The strategy is very clear:
A rebound is your chance to get on the board. After this wave of sentiment gets digested, then calmly set up short orders at higher levels—your odds are extremely high.

The resistance above is in the 63.5k-64k area. When it reaches there, enter in batches. Don’t be tricked into getting in by this bullish candle—real action is still ahead.

A big opportunity will come very soon.
$BTC $ETH $GT