This article has been translated from English to Gen Z Slang.
A Bear Trap be like, when peeps or some big whale tryin' to play games in the market. 🐻 They dump a ton of that coin at once, totally smashing local price supports. 🤯
These sneaky folks are hoping everyone freaks out and starts selling, thinking the price is straight-up plummeting. 😱
Other traders see this, freak, and start sellin' what they got or go short like it's a style 💼.
Then, outta nowhere, the schemers swoop back in, snatch up their coins at those cheap prices, and suddenly, the price skyrockets back up. 🚀
The manipulators are rollin' in dough, while the bears – those sellers – either took an L or got trapped in their short position. 😬💸