Cryptocurrency analysis firm Santiment posted on the X platform that traders are worried that the crypto market is falling into a "bull trap", and although BTC may have temporarily halted its momentum, ETH and altcoins have exploded again. If the FUD (Fear, Uncertainty and Doubt) sentiment increases, it could push the BTC up to $50,000, squeezing shorts betting on lower prices.
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Cryptocurrency analysis firm Santiment posted on the X platform that traders are worried that the crypto market is falling into a "bull trap", and although BTC may have temporarily halted its momentum, ETH and altcoins have exploded again. If the FUD (Fear, Uncertainty and Doubt) sentiment increases, it could push the BTC up to $50,000, squeezing shorts betting on lower prices.