Right now, I see two possible scenarios:
1.This could be a classic bull trap—the market may just be pulling in long positions before heading back down after a slight pump.
2.Or it might actually be recovering from the recent uncertainty caused by the war.
Personally, I believe the first scenario seems more likely. The market is still unclear and could show some fake moves to confuse traders. In times like these, a single big news event—good or bad—can flip the direction completely.
That’s why I’m staying cautious. I'm using small position sizes and avoiding emotional trades. As I mentioned earlier, this kind of dip is still a good opportunity to accumulate in spot for the long term—but don’t fall for the traps in futures. Risk management is everything right now.
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