$BTC pumped after clearing out lower-side liquidity and is now trading above $100K. From here, two scenarios are possible:
First, it could be a bull trap — a move designed to lure in long positions before the price drops again.
Second, the market might be genuinely recovering from the recent war-related impact.
However, the chances of the first scenario playing out are higher than the second. The overall market direction remains unclear at the moment. Expect some fake moves ahead meant to trap traders.
In such conditions, it’s wise to use a small position size and stay cautious. As I’ve mentioned before, this could be a good time for spot buying — but don’t fall for the
traps!