"$BTC has surged after clearing lower-side liquidity and is now trading above $100k. There are two possible scenarios:

1. *Bull Trap*: This could be a market trap to lure in long positions, followed by a further decline after a brief pump.

2. *Recovery*: Alternatively, it might be rebounding from the impact of recent events.

Given the current situation, the first scenario seems more likely. The market direction is unclear, and we can expect some fake movements to trap traders. A key catalyst, such as good or bad news, could clarify the direction.

In this scenario, it's advisable to:

- *Use small position sizes* to minimize risk.

- *Consider spot buying*, as it might be a good opportunity.

- *Stay cautious* and avoid falling for traps.

The market remains uncertain, and traders should be prepared for potential volatility."