Analyst Warns of ‘Biggest Bear Trap’ Before Explosive Altcoin Season
Crypto analyst Atlas has sounded the alarm, but not in the way most traders expect.
In a recent post, he suggested the market is entering what could be the “biggest bear trap” in years, a setup he says mirrors conditions seen in both 2017 and 2021, just before altcoins went on massive rallies.
According to Atlas, the current dip in the total crypto market cap may be luring investors into selling prematurely. In previous cycles, this phase – often marked by fear and uncertainty – preceded an aggressive rebound that propelled altcoins to record highs. “If history repeats, every $200 may turn into $75K,” Atlas claimed, highlighting the outsized potential for those positioned early.
Charts shared alongside his…
