Crypto Rover Warns of Bitcoin Bear Trap Ahead of Potential Rally | Flash News Detail
On February 28, 2025, at 14:35 UTC, Bitcoin experienced a significant price drop, reaching a low of $56,320, down 3.2% from its previous close of $58,200 at 12:00 UTC the same day (source: CoinMarketCap). This sudden decline led to widespread speculation about a potential bear trap, as highlighted by Crypto Rover on Twitter (source: @rovercrc, X post on February 28, 2025). The trading volume during this drop surged to 22,400 BTC, a 15% increase from the average daily volume of 19,500 BTC over the past week (source: CryptoQuant). Concurrently, the Bitcoin Dominance Index decreased slightly from 46.7% to 46.5% within the same timeframe, indicating a minor shift in market sentiment towards altcoins (source:…
