Current market analysis:
$BTC BTC has surged above $100k after clearing lower liquidity. Two possible scenarios:
Scenario 1: Bull Trap
A temporary pump to lure in long positions, potentially followed by a downturn.
Scenario 2: Recovery
A bounce back from war-related impacts, though less likely.
Given the uncertainty, expect fakeouts and be cautious. A significant news event could clarify the direction. To navigate this:
1. Use small position sizes.
2. Consider spot buying opportunities.
Stay vigilant and avoid falling for traps!
#BTC120kVs125kToday #USCryptoWeek
