#BTCRebound #BTCRebound
**BTC Bull Trap Alert šØ**
Bitcoin surged from $84K to $87K overnight during the early Monday Asian sessionāa time typically marked by low trading activity. Despite the pump, the RSI indicates overbought conditions, and whale trackers have flagged massive buy and sell orders for both BTC and ETH within minutes. Low volume but strong price action? This could be a classic case of **liquidity harvesting**ābig players triggering short liquidations before flipping to target longs.
Thereās no major news from the Fed or ETF updates to justify this move, suggesting it may not be an organic rally.
**If you're trading, stay alert:**
- **š Longs**: If you're already riding the wave, consider securing profits in parts and watch for a good exit.
- **š Shorts**: If youāre not over-leveraged, youāre likely okay. A retrace to the ~$83K zone is a reasonable target.
- **š Holders**: If you're in for the long haul, just HODL. BTC could realistically hit $120K+, but **that time is not now**.
