#BTCRebound

BULL TRAP

BTC pumped from 84k to 87k overnight in an early Monday in the asian session which technically is low in trading , however RSI shows over bought , whale trackers show Huge Buy and Sell orders of BTC and ETH within minutes in between , low volume but high pumps ? As it seems this looks like Liquidity Harvesting , big players liquidate shorts then go to liquidate the longs as the pump doesnโ€™t look organic with no Fed news, Etf updates, etc..

So if you are trading be cautious

๐Ÿ“ˆ if you are in Long and riding the wave look for a good exit , preferably in parts

๐Ÿ“‰ if you are in Short but not over leveraged you should be fine aim for around 83k

๐Ÿ’Ž if you are Hodling Long term then HODL after all BTC realistically can touch 120k+ but definitely not now