$BTC Update:
Bitcoin has pumped after clearing lower-side liquidity and is now trading above $100K. At this point, two scenarios could play out:
1. Bull Trap: This could be a classic bull trap designed to lure long positions before another move down. This scenario currently seems more likely.
2. Recovery: Alternatively, BTC might be starting to recover from the recent impact of the war.
Right now, the market direction is unclear. Expect fake moves intended to trap traders in both directions. Any significant news — good or bad — could help define the real trend.
⚠️ In this kind of environment:
Use small position sizes.
Stick to spot buying, as previously suggested.
And most importantly — don’t fall for the traps!