$BTC has pumped after sweeping the lower-side liquidity and is now trading above $100K.

At this point, two scenarios are likely:

1. This could be a classic bull trap — luring in long positions before another potential drop.

2. Alternatively, the market may be starting to recover from recent war-related impacts.

The first scenario seems more probable right now.

The market direction is still uncertain, and we can expect some fake moves designed to trap traders on both sides.

A major news event — either positive or negative — could soon set the true direction.

Until then, trade with caution:

• Use smaller position sizes

• Avoid getting caught in short-term traps

• As mentioned earlier, spot buying at these levels can be a good long-term strategy

Stay safe and trade smart!