$Bitcoin just did its thing – cleared out that lower liquidity and now we're seeing it trade above $100k. My take? There are two main scenarios unfolding here:
This could totally be a bull trap, designed to lure in long positions before a deeper dip.
Or, it might be a genuine recovery from recent geopolitical impacts.
Honestly, my gut says the first scenario is more likely. The market's still hazy, and I'm expecting some fake-outs to trap traders. Keep your position sizes small in this kind of environment. That said, as I've been saying, it's a good window for some
spot buying. Just be smart and don't get caught in the traps!