$BTC has surged past the lower-side liquidity zone and is now trading above $100,000. This breakout has everyone on edge — but let’s break it down.

There are two possible scenarios playing out:

1. Bull Trap in Progress

This could be a classic market setup to lure in long positions before pulling back sharply. A temporary pump followed by a deeper drop isn’t out of the question.

2. Genuine Recovery

Alternatively, we might be seeing the early signs of a recovery, possibly as the market stabilizes from the effects of ongoing global tensions (like the war).