Bitcoin surged after sweeping out the lower-side liquidity and is now trading above $100,000. At this point, there are two possible scenarios.
One, this could be a classic bull trap meant to lure long positions before pushing the market down again. Or two, the market might actually be recovering from recent geopolitical tensions. Honestly, the first scenario seems more likely right now.
The overall direction is still unclear. Expect some fake moves designed to confuse or trap traders. Any major news—positive or negative—could quickly shift the trend.
In times like these, it’s smart to keep your position size small and stay cautious. As mentioned before, this might still be a good moment to accumulate on spot, but don’t get fooled by sudden pumps. Stay sharp out there.
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