Fakeout
A false breakout in which price briefly moves beyond a key support or resistance level, then immediately reverses. Fakeouts trap traders who entered expecting a real breakout and often reverse just as quickly as they appeared.
Mike Starr
Founder, CryptoWizardTools · M.S. Organizational Management
Last reviewed: August 2026
Related Terms
Bridge
A protocol that allows the transfer of assets or data between different blockchain networks, enabling cross-chain interoperability.
Bear Market
A prolonged period of declining prices across the market, typically characterized by widespread pessimism and a drop of 20% or more from recent highs.
Custodial Wallet
A wallet where a third party (usually an exchange) holds the private keys on your behalf. Custodial wallets are convenient and allow password recovery, but mean you do not truly control your funds — "not your keys, not your coins."
Layer 2
A secondary framework or protocol built on top of a Layer 1 blockchain to improve scalability and reduce transaction costs. Examples include Lightning Network and Optimism.
Hash Rate
The total computational power being used to mine and process transactions on a proof-of-work blockchain. A higher hash rate indicates greater network security.