$BTC

Market Update: Be Careful, Don't Fall into the Traps

$BTC After cleaning up the liquidity on the downside, it has shown a good increase and is now trading above $100k. But now there are two scenarios ahead:

First: This could be a classic bull trap where the market has trapped long positions. There is a good chance it will rise a little more and then drop.

Second: It could be the recovery phase after the impact of the war has ended. But honestly, the first scenario seems stronger.

The direction of the market remains unclear. Now, some false movements will come whose aim will be to confuse traders. Any strong news —good or bad— will clarify the direction of the market.