šØ BTC BULL TRAP?
Bitcoin pumped from $84K to $87K overnight during the low-volume Asian session early Monday. Sounds bullishābut hereās the catch.
š Key Signs to Watch:
RSI is showing overbought
Whale trackers: Massive BTC & ETH buy/sell orders within minutes
Low volume + high price pump = red flag
Thereās no major newsāno Fed updates, no ETF shifts. Thatās what makes this pump look more like liquidity harvesting than real demand.
š§ What Might Be Happening:
Big players could be liquidating shorts first, then targeting longs next. These moves donāt look organicāmore like a trap to squeeze both sides.
ā ļø Strategy Advice:
š Longs: Ride carefully, but start scaling outātake profits in parts
š Shorts: If you're not over-leveraged, hold steady. Target around $83K
š Hodlers: Sit tight. BTC could still reach $120K+ long-termābut now might not be the moment