profit taking has to be done, wonder if the buying pressure will bust through it all. Then people start going long. Awww time will tell.
... Profit taking you say. I think a lot of people will be taking a loss tonight.
How so bull trap? or all the shorts being called in on a big run if its happens.. I guess it is night in China but it's 6am Eastern Standard Time

I know a few people who shorted at 500ish believing that the price would fall to 200 and what not. I think anyone expecting 300 would have happily shorted at 450 too.
the bears will be angry tonight like a disturbed ant colony!
.... dont think it's a bull trap.