Bitcoin seems to have rallied on news that a US spot ETF could get approval soon. While there are classic signs of a breakout, I think this might be more of a bull trap. The trading volume isn't particularly bullish, and if you zoom out, we're at a Fibonacci level that could indicate a downward retracement. It's a mixed bag, but I'm in the "sell the news" camp. Might be worth considering a small short position.