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🚀 #BTCReboundTo96K | Breakout or Bull Trap? 🤔
Bitcoin has bounced aggressively, now pressing $96,000, reigniting market optimism. But is this a true breakout or just a short-term liquidity move?
📈 Bullish Signals ✅
Key psychological levels reclaimed
Market sentiment shifting back to risk-on
Holding above prior resistance opens the door to $100K
Altcoins often follow BTC strength
⚠️ Caution ❗
Sharp rallies can trigger pullbacks
Liquidity grabs & FOMO may fade quickly
Waiting for confirmation/retest may offer better risk-reward
🤔 Strategy
Momentum traders: Ride strength with tight risk management
Swing/spot buyers: Wait for pullback/consolidation near support
Long-term holders: Zoom out — short-term noise matters less
📊 Key Levels
Support: Previous resistance zone
Resistance: $96K → $100K
Volume & follow-through will decide the next move
📌 Conclusion:
The rebound is strong, but confirmation matters. Sometimes, patience is the best position.