Can you still use bear traps?

Can you still use bear traps in today's financial and cryptocurrency markets? With the rapid pace of technological advancements and the evolution of trading strategies, does the traditional method of using bear traps still hold any relevance? Have traders adapted their strategies to incorporate more sophisticated tools and techniques, or is the concept of bear traps still a viable option for those seeking to capitalize on market downturns? How do you navigate the complex landscape of modern finance while still leveraging the principles of bear traps?