$BTC has surged past the $100K mark after sweeping the lower-side liquidity.
At this point, two scenarios are possible:
1. Bull Trap: This could be a classic bull trap designed to lure in long positions before reversing. A minor pump could be followed by a deeper correction.
2. Recovery Phase: Alternatively, the market might be starting to recover from recent war-related uncertainty.
However, the first scenario seems more likely for now. The overall market direction remains unclear, and we can expect some fake moves aimed at trapping traders on both sides.
In such conditions:
Avoid overexposure. Stick to smaller position sizes.
Stay patient. Wait for clear confirmation before entering major trades.
As mentioned earlier, this is a good time to consider spot buying—but avoid falling for emotional plays or breakout traps.
Stay sharp. The market will reveal its true intentions soon enough.