heyzNov 26, 2021 · 3 years ago3 answers What are the best ways to recover from a bear trap in crypto trading?
In the world of cryptocurrency trading, a bear trap refers to a situation where the price of a cryptocurrency appears to be reversing its downward trend, leading traders to believe that a bullish trend is about to begin. However, instead of continuing to rise, the price suddenly drops, trapping those who entered long positions. What are the most effective strategies to recover from a bear trap in crypto trading?