$BTC Reaches $96K — Breakout or Bull Trap?
Bitcoin has surged above the $96K level, pulling most altcoins into the green. At first glance, it looks like the beginning of a strong bull run — but caution is still needed.
Historically, sharp price spikes are often driven by short squeezes and FOMO, not by healthy, long-term accumulation. A sustainable uptrend requires clear resistance breaks, retests, and confirmed market structure.
The recent move from $91K to $96K appears to be a fast impulse move without proper consolidation. Most altcoins are rising mainly as a reaction to Bitcoin’s pump rather than showing independent strength.
The smart strategy? Patience.
There are two key scenarios to monitor:
1️⃣ If BTC pulls back to the $93K–$94K zone and consolidates, it could offer a lower-risk entry opportunity.
2️⃣ If BTC holds above $96K–$97K for multiple sessions, the rally would be confirmed and altcoins could build a stronger base.
Entering aggressively at current levels carries higher risk. Staying in USDT and waiting for structural confirmation remains the more disciplined approach.