$BTC surged after absorbing downside liquidity and is now trading above $100k. Two possibilities exist:
First, this could be a bull trap to lure in long positions, followed by a further decline.
Second, it might be recovering from the war's impact. The first scenario seems more likely. Currently, market direction is uncertain, with potential fakeouts to trap traders. Clear direction may emerge with significant news. Use small position sizes in such conditions, and as mentioned before, this is a good opportunity for spot buying. Avoid getting caught in the traps!