$BTC has just broken past the $100K mark after sweeping the lower liquidity zones. While this breakout looks strong on the surface, it’s important to stay level-headed. At this point, two possibilities are in play:
1. Bull Trap Scenario – This move could be a classic bull trap designed to lure in long positions before reversing. A short-term pump followed by a deeper drop is a common market manipulation tactic, and this remains a strong possibility.
2. Genuine Recovery – Alternatively, $BTC might be showing signs of recovery from recent geopolitical tensions or market shocks. While this is possible, current price action still lacks clear confirmation.
Overall, the market remains highly uncertain, and we’re likely to see some deceptive movements designed to mislead retail traders. Until a more solid trend is established—possibly triggered by major news or developments—it's wise to proceed with caution.
Keep your position sizes smaller during these conditions. As I’ve mentioned before, this can be a good time to accumulate spot positions gradually. Stay patient, stay smart—and don’t get caught in the traps!
