Bitcoin Plummets Amid Capitulation Panic – Is a BTC Bear Trap Looming?

Bitcoin slipped as profit‑taking sparked capitulation fears, yet strong bids and Santiment data challenge the bearish outlook, suggesting the sell‑off may be overstated.

Analysts note that while short‑term sellers dominate, on‑chain metrics reveal accumulation at key support levels, raising the possibility of a bear trap that could trigger a swift rebound if buying pressure holds.