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$BTC $ETH $XRP 🚨 The biggest bull trap of this entire bear market might be forming right now and it's designed to catch the people who just got their hope back.
A July relief rally could shove BTC back above the 200-week moving average, and the whole timeline lights up: "we're back." That's exactly when the trap springs. 👇
Here's my read: the reclaim looks like confirmation, everyone piles in then the flush hits, later this month or into August. Same script that ran in 2022, when a textbook relief bounce convinced the market the worst was over right before the real low.
Patterns break the moment fundamentals stop backing them. But until sentiment and price disagree, this is the setup I'm respecting.
The crowd sees the reclaim and calls it a bottom.
Bull trap or actual reversal? Where do you stand?