Bull Trap Warning for Bitcoin, Dogecoin, XRP Emerges as S&P 500 Prints Rising Wedge; U.S. Inflation Eyed

•

•

Omkar Godbole, Parikshit Mishra

•

Mentions

People	Imran Lakha
Organizations	S&P 500, Deribit, Amberdata, Paradigm

Code	Name
US	🇺🇸United States

Target	Sentiment	Comment
BitcoinBTC	Bearish	BTC and ETH options are biased bearish, indicating a preference for downside protection.
DogecoinDOGE	Bullish	DOGE has retaken the bullish trendline and crossed into bullish territory above the Ichimoku cloud.
XRPXRP	Bearish	XRP's price action appears indecisive, locked in a descending triangle and trading within the Ichimoku cloud.