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Salman-mirza
Is this a bull trap before the data? Don’t get fooled by today’s rebound.
$BTC, $ETH, and $SOL all bounced, while $OKB even printed a strong bullish candle and led the move. Just a few days ago, the market was still drifting lower—so why the sudden broad-based rebound?
The logic may be simple: front-running + short covering ahead of the macro data.
PCE and Non-Farm Payrolls are coming up, while US Treasury yields remain elevated. #DailyOrbit
