$BTC has pumped after clearing the lower-side liquidity and is now trading above $100,000.
At this point, there are two possible scenarios developing:
1. Bull Trap: This move could be a typical bull trap designed to lure in long positions, only to reverse downward after a short-term pump. Based on current market behavior, this scenario seems more likely.
2. Recovery: Alternatively, $BTC may be starting to recover from the recent economic impact of global conflicts, though the evidence for this remains limited for now.
The market direction remains uncertain. In such phases, we often see fake moves in both directions—intended to manipulate liquidity and trap retail traders. Only a significant event or piece of news (either bullish or bearish) can give the market a clear direction from here.
---
Strategic Insight:
Keep position sizes small until the market shows real strength and direction.
As previously mentioned, this is a good time to accumulate $BTC on spot, but avoid falling for short-term traps.
