$BTC
Bitcoin has surged after sweeping the lower-side liquidity and is now trading above $100,000. At this point, two main scenarios are likely:
First: This could be a classic bull trap designed to lure traders into long positions before the market reverses and moves downward again.
Second: The market might be starting to recover from the recent impact of war.
The first scenario currently seems more probable, as the overall market direction remains uncertain. We can expect some fake moves aimed at shaking out traders and creating confusion. A major piece of news—whether positive or negative—could soon provide clearer direction.
In the meantime, it’s wise to use small position sizes under these conditions. As mentioned earlier, this is also a good opportunity to accumulate in the spot market.
Stay alert, and don’t fall for the traps!