The price of Bitcoin jumped from 84,000 to 87,000 dollars during the quiet Asian trading session on Monday - a time that is usually weak in trading volume.

Despite this increase, RSI indicators suggest that the market is in the "overbought" zone, and whale watchers have detected large buy and sell orders for Bitcoin and Ethereum in a very short time.

A strong price increase with weak trading volume? This is often a liquidity trap, where large traders close their short positions and then lure bullish traders into a false rally.

There are no strong news from the Federal Reserve or ETF funds to justify this increase, making it likely that it is not a real rise.

Advice for traders:

📈 Have an open buy position? Take some profits and watch for reversal signals.

📉 In a sell position? As long as your leverage is under control, you are safe. A drop towards the 83,000 dollar area is a possibility.

Stay cautious.

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