$BTC just pumped after sweeping the downside liquidity and is now trading above $100K.

From here, two scenarios are in play:

1. Bull trap in action – the market might be luring in longs before pulling the rug and heading lower again.

2. Recovery narrative – a genuine bounce back, possibly due to easing war-related fears.

Right now, the first scenario looks more likely.

The market is in an unclear phase — expect fakeouts, shakeouts, and traps.

Stay sharp.

Until we get a strong catalyst (good or bad), the direction won’t be clear.

This is a time for caution:

Use smaller position sizes

Avoid over-leveraging

Spot buying here makes more sense than chasing pumps

Don’t get baited — play smart.

#BTC #NFPWatch

$BTC