$BTC

After clearing the lower-side liquidity, $BTC gave a strong pump and is now trading above $100K. At this point, there are two possibilities: either this is a bull trap designed to lure long positions — where the market may pump a bit more before dropping again — or this could be the beginning of a recovery from the impact of the war. Right now, the first possibility seems stronger because the market’s direction is still unclear. We’re likely to see some fake moves ahead that aim to confuse and trap traders. A clear direction may only emerge after a major bullish or bearish news event. During such an uncertain phase, it’s always wise to use small position sizes. As I’ve said before, this is a good time for spot buying — but avoid overtrading or falling into FOMO. Don’t fall for the trap 🪤 🥵#btc #trap #Bitcoin❗ #Liquidations #bullish $