#BTC Market Update: Proceed with Caution

After sweeping the lower-side liquidity, the market has now surged past the $100K mark. At this stage, two possibilities are unfolding:

1. A Classic Bull Trap: This upward move could be a strategic setup to lure long positions before another drop. Given current conditions, this scenario appears more likely.

2. A Recovery Signal: Alternatively, the market may be attempting to recover from recent geopolitical tensions, such as the ongoing war. However, this recovery narrative is less convincing for now.

The market’s direction remains uncertain and is prone to fakeouts aimed at catching over-leveraged traders off-guard. Until a clear catalyst—either positive or negative—emerges, we can expect choppy and deceptive price action.

Key Takeaways:

Use smaller position sizes to manage risk effectively.

Stay vigilant and avoid emotional trades.

As mentioned earlier, this could be a strategic time for spot accumulation—but only with a long-term view.

Remember: in uncertain markets, discipline and patience are your biggest assets.

Don't fall for the traps—trade smart.$BTC