IMO, I think many traders and retailers are not convinced current pump is bullish. Also late Bulls would want to get in on a pull back. Once the real quick move up starts, retailers will come in on the last leg of the pump for a Bull trap IMO.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.