📢 Market Update: $BTC at $100K+ - What's Next?

Bitcoin pumped after clearing recent lower-side liquidity and is now trading above $100,000. This move has everyone talking, and two main narratives are emerging:

* The Bear Trap Scenario: This could be a classic bull trap, designed to lure in eager long positions before another leg down. The market often creates these fakeouts to liquidate overleveraged traders.

* War Impact Recovery: Alternatively, this could be the start of a genuine recovery, shaking off the lingering effects of global geopolitical tensions.

While a recovery is always hoped for, the chances of this being a short-term bull trap seem higher given the current market structure. The immediate direction remains murky, and we can expect more choppy, fake movements to shake out both bulls and bears.

A significant good or bad news catalyst is likely needed to truly clarify the market's path.

My Take: In these uncertain times, prudence is key. Stick to small position sizes for any short-term trades. As I've said before, this volatile period presents a great opportunity for spot accumulation for the long term.

Don't fall for the traps! Stay vigilant and manage your risk.

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