**\$BTC Update**

Bitcoin has pumped after sweeping the lower-side liquidity and is now trading above \$100K. From here, we’re likely facing one of two scenarios:

1️⃣. **Bull Trap** – The market could be setting up a trap to lure in long positions before reversing. This is the more probable outcome in the short term.

2️⃣. **Recovery Play** – $BTC might be recovering from the recent war-related impact, but confirmation is still lacking.

Right now, the market is in an **unclear phase** and may produce fake moves to shake out retail traders. Expect volatility and manipulation. The next decisive move will likely follow a major news catalyst — good or bad.

**Key Takeaways:**

* Trade **light**; reduce position sizes.

* Stay cautious — don’t get caught in traps.

* As mentioned before, this could be a good time to accumulate spot positions gradually.

Stay patient. Let the market show its hand.