$BTC has pumped after clearing the lower side liquidity and is now trading above $100K. At this point, there are two possibilities. Either this is a classic bull trap meant to lure in long positions before the market dumps again after a small push, or it's genuinely starting to recover from the impact of the war. Right now, the first scenario seems more likely. The market direction is still unclear, and we can expect some fake moves ahead that are meant to trap traders on both sides. Until a strong piece of news — whether positive or negative — comes in, we probably won't see a clear direction. It’s best to use small position sizes in situations like this. As I mentioned before, it’s a good time to do some spot buying, but don’t get caught up in the traps.