$BTC has surged after sweeping the lower side liquidity and is now trading above $100K. Currently, there are two possible scenarios:

1. This could be a classic bull trap designed to lure in long positions before the price reverses and moves lower after a brief pump.

2. Alternatively, it might be a genuine recovery following recent war-related market impacts.

At this point, the first scenario seems more likely. The market direction remains uncertain, and we can expect some deceptive moves aimed at trapping traders. Any major news—positive or negative—could help clarify the next direction.

In the meantime, it's wise to use smaller position sizes and proceed with caution. As mentioned earlier, this could be a good time for some spot buying. Stay alert and don’t fall for the traps!