#BTCRebound
BTC Bull Trap? Caution Advised 🚨
Bitcoin spiked from $84K to $87K during the low-volume early Monday Asian session. RSI shows overbought levels, and whale activity suggests large buy/sell orders on both BTC and ETH—likely triggering short liquidations before flipping. With no major news or ETF updates, this move smells like liquidity harvesting, not an organic rally.
Stay sharp, traders:
Longs: Lock in some gains, keep an eye on the exit.
Shorts: Hold steady if not over-leveraged—$83K retrace looks possible.
HODLers: Sit tight. $120K is still in play long-term, but this pump isn't it.