#BTCRebound

BTC Alert from Bull Trap 🚨**

The price of Bitcoin has risen from $84,000 to $87,000 during the early Asian trading session on Monday, a period that is typically characterized by low trading activity. Despite this rise, the Relative Strength Index indicates a state of overbought conditions, and whale tracking platforms have spotted massive buy and sell orders for both Bitcoin and Ethereum within minutes. Low trading volume but strong price action? This could be a clear example of **liquidity harvesting** - where major players are closing their short positions before flipping them into targeted long positions.

There are no major news from the Federal Reserve or ETF updates to justify this move, suggesting that it may not be a natural rally.

**If you're trading, stay alert:**

- **📈 Long Positions**: If you're already riding the wave, consider taking profits in batches and watch for a good exit.

- **📉 Short Positions**: If you're not over-leveraged, you're probably fine. Returning to around the $83,000 level seems a reasonable target.

- **💎 Bitcoin Holders**: If you're looking to invest long-term, hold onto it. It's possible for Bitcoin to reach over $120,000, but **this is not the time*