Bitcoin Market Uncertainty: Will It Break Higher or Fall for a Trap?

A detailed reflection on the recent market behavior of Bitcoin reveals a challenging environment characterized by unpredictable price movements and significant external uncertainties. Over the past two months, even experienced traders have found it difficult to navigate, often resorting to stops or maintaining only observational positions during rally phases. Fundamental concerns include unresolved global trade tensions under Trump's unilateral responses affecting growth, persistent high U.S. 10-year Treasury yields impacting risk assets, and abnormal retail investor-driven Bitcoin buying that may signal speculative peaks. The additional brutal correction in altcoins during March further entrenched a defensive mindset among many investors. Personally, despite recognizing a faulty scenario at the 90K level, maintaining bullish positions thereafter proved challenging—highlighting the mental shift needed from playing to avoid losses to aiming for wins. The broader crypto community remains cautious, often relying on short-term scalping. However, the momentum might soon shift in favor of those willing to take calculated risks for larger gains. Currently, Bitcoin's price hovers near all-time highs, and a decisive move—either upward breakout or a potential trap—seems imminent.