šØ Bitcoin at $106.6K: Bull Trap or Bounce? $BTC
Bitcoin is trading around $106,500, reclaiming ground above the $100K markābut the marketās tone remains murky.
Why this feels like a trap:
⢠Technical analysis shows a classic fractal pattern that often signals a fake breakout before a sharp drop beneath $100K  .
⢠The balance between long and short positions in the $100Kā$110K range suggests building tensionāshorts are increasing faster, setting the stage for sudden reversal ļæ¼.
Why recovery is possible:
⢠Geopolitical reliefālike the recent Middle East ceaseāfireāhas pushed BTC up from $98K to over $105K ļæ¼.
⢠Spot ETF inflows are boosting market support and cushioning dips .
šÆ What You Should Do Now
⢠Play small: Use minimal position sizes to dodge whipsaws in this uncertain zone.
⢠Collect on the dip: Gradually buy in spot between $100Kā$105Kāideal for long-term holders.
⢠Watch the news: A major economic or geopolitical trigger could swing the trend fast.
⢠Stay disciplined: Donāt fall for quick pumpsāonly trade with funds youāre okay to lose.
š¬ Comment āHODL SMARTā if youāre building patiently.
ā¤ļø Like if youāve got dry powder ready.
š Tag your trading squad.
š Follow for real-time strategyāno hype.