$BTC

My Market Thoughts

Today’s market movement was quite interesting. Bitcoin pumped after clearing the lower side liquidity and is now trading above $100k.

I see two possible scenarios here:

This could be a bull trap, where the market pumped just to trap long positions and might drop again soon…

Or it’s a recovery move, bouncing back slightly from the recent war-related panic.

Personally, I believe the first scenario is more likely. Right now, the market direction is unclear and we might see some fake moves designed to confuse traders.

In such conditions, I prefer using small position sizes. As I’ve mentioned before, this seems like a good time for some spot buying — but don’t fall for the traps!