$BTC surged after sweeping the lower side liquidity and is now trading above $100K. At this point, two scenarios are likely:
1️⃣ This could be a classic bull trap — luring long positions before another potential drop.
2️⃣ Or, it might be a genuine recovery from recent war-related impacts.
Currently, the odds favor the first scenario. The market is still uncertain and could produce deceptive moves designed to trap traders. A strong positive or negative news event may soon define the actual direction.
⚠️ Stay cautious: use smaller position sizes in such conditions.
✅ As mentioned earlier, this is a good time to accumulate on spot — but avoid getting caught in the traps!