Bitcoin has surged past the $100,000 mark after sweeping liquidity on the lower side, sparking intense speculation across the crypto market. But the big question now is — is this the beginning of a new leg up, or just another classic bull trap?
At this point, two scenarios seem likely:
First, this move could be a strategic bull trap — a deliberate price pump to lure in long positions before the market pulls back sharply. Given recent market behavior and the lingering uncertainty, this seems like the more probable scenario.
Second, it's possible the market is beginning to recover from the recent geopolitical instability and the impact of war. While this recovery narrative is hopeful, it currently seems less likely without a clear fundamental catalyst.
The overall market direction remains unclear right now. Expect increased volatility and fake moves designed to shake out both longs and shorts. These are classic market manipulation phases where retail traders often get trapped.
In such conditions, it's essential to trade cautiously. Use smaller position sizes and focus on capital preservation. As I mentioned earlier, this could be a good time to accumulate in spot — slowly and patiently — rather than chasing aggressive leverage plays.
The best approach now is to wait for a strong confirmation or a fundamental trigger — whether positive or negative — before making any major moves.
Stay alert. Don’t fall for the traps!