#BTC just saw a surge after clearing out lower-side liquidity, and it's now trading above $100k. I'm torn between two possibilities: is this a bull trap to lure in long positions, or is it recovering from the recent market dip? Honestly, I think a bull trap is more likely. The market's direction is still uncertain, and we can expect some fakeouts to trap traders. A significant news event could be the catalyst that clarifies the direction. For now, I'd recommend keeping position sizes small. As I've said before, this might be a good time to do some spot buying - just be cautious of getting caught in traps!
