$BTC
Bitcoin has surged past the $100K mark after sweeping the lower-side liquidity.
At this point, there are two possible scenarios:
1. Bull Trap – This could be a classic market trap designed to lure in long positions before reversing sharply.
2. Recovery Rally – Alternatively, the market might be stabilizing after recent geopolitical tensions (e.g., war impact).
However, the likelihood of the first scenario—a bull trap—is higher right now. The market remains uncertain and is prone to generating false signals to catch overconfident traders off guard.
In such conditions:
Avoid over-leveraging
Stick to small position sizes
Be patient and observant
As mentioned earlier, this could still be a good opportunity to accumulate in spot positions, but don’t rush into high-risk setups. Let the market show its real hand.
