Early morning Bitcoin surges violently, and the market is in a frenzy, but behind the celebration often lies a trap! The rumors of a ceasefire between the US and Iran are just an excuse to lure more buyers, with funds driven by news to push prices up, creating a false sense of prosperity and harvesting retail investors who chase the highs.

Geopolitical-driven rallies are always fleeting; once the sentiment passes, there’s a sharp decline. The strong resistance zone at 69,000-70,000 is smashed through with a single push. A temporary agreement is a short-term positive, but if talks break down, it can lead to a crash.

The current main trend is to stay short at high levels—rising more means more downside. Any spike is an opportunity for short positions. Don’t be fooled by temporary pump-and-dump moves; stay alert to survive in the market.