🚨 Market Update 🚨
Bitcoin$BTC
has pumped strongly after sweeping the lower-side liquidity and is now trading above $100,000. But what’s really going on here?
There are two possible scenarios playing out right now:$ETH
1. This could very well be a classic bull trap, designed to lure in long positions before pulling the market down again.
2. Or, we might be seeing a genuine recovery, possibly reacting to the global tension and uncertainty caused by war.
In my view, the first scenario seems more likely. The overall market structure is still unclear, and we can expect some fake outs — moves meant to confuse and trap retail traders.
In situations like this, it's crucial to stay smart:
🔹 Use smaller position sizes
🔹 Avoid over-leveraging
🔹 And like I’ve mentioned before, this could be a good time to accumulate slowly on spot positions, instead of chasing every pump.
Stay alert. Don’t fall for the traps!#Loses $BNB