$BTC Crosses $100K: Caution Advised
Bitcoin has pumped above $100K after clearing lower-side liquidity, but this move may be a bull trap. The market could be setting up long positions before a reversal. While a recovery from recent geopolitical tensions is possible, the lack of strong fundamentals makes it less likely.
The current market direction is unclear, and fake moves are expected. Traders should be cautious — use smaller position sizes, avoid over-leveraging, and stay patient. As mentioned earlier, this may still be a good time to accumulate gradually on spot. Stay alert and don’t fall for market traps.
