#BTCRebound
*Alert: Potential Bull Trap Ahead*
Bitcoin surged from $84K to $87K in the low-volume Asian session, but beware: RSI levels indicate overbought conditions, and whale trackers detected significant buy/sell orders for $BTC and $ETH .
Strong price movement on weak volume? This might be a liquidity grab, with large players liquidating shorts before trapping over-eager longs. No major Fed or ETF news supports this move, suggesting it may not be a genuine rally.
*Trading Strategy:*
Longs: Consider taking partial profits and watch for reversal signs.
Shorts: If leverage is under control, you're likely safe. A pullback to ~$83K is possible.
Long-term holders: Stay the course. BTC still has potential to reach $120K+, but this might not be the breakout moment.
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