has pumped after sweeping the lower liquidity and is now trading above $100K. At this point, I see two possibilities:
**First:** This could be a classic **bull trap** — a move designed to lure long positions before dragging the price back down. Just a small pump to shake out retail traders.
**Second:** There’s a chance the market is actually starting to recover from the impact of recent geopolitical tensions and war.
But honestly, I think the **first scenario is more likely** right now.
The market direction is still unclear. We’re likely to see a few fake moves here and there — typical manipulation to trap impatient traders. Whether we get a solid bullish continuation or another leg down will probably depend on some big news — good or bad.
**My advice?** Keep your **position sizes small** in this kind of environment. Like I said before, it’s a good time to accumulate a little bit on **spot** — but don’t fall for the traps.
Stay sharp. Don’t let the market play you.
Let me know if you'd like it in a more formal tone or want me to add any technical analysis elements!$