Bitcoin has pumped after clearing the lower-side liquidity and is now trading above $100K. But hereโs the key โ weโre at a critical point and two scenarios are possible:
1๏ธโฃ Bull Trap Alert
This could be a classic bull trap, luring in long positions before a deeper drop. A temporary pump followed by a reversal is highly possible.
2๏ธโฃ Recovery Phase?
Alternatively, BTC might be recovering from recent global tensions (like war-related news). But the chances of a real recovery are currently lower than the bull trap scenario.
๐ Market Direction = Unclear
Expect fake moves and manipulation. These are the kinds of setups that wipe out emotional traders.
โ ๏ธ Risk Management Tip
โ Use small position sizes
โ Avoid high leverage
โ Consider spot buying only for long-term accumulation (as I mentioned earlier)
๐ง Stay smart. Stay safe.
๐ Let the market show its true direction before committing heavily.
Donโt fall for the traps!
#CryptoUpdate #Bitcoin #BullTrap #CryptoTrading #MarketAnalysis
