#BTCRebound

Bitcoin jumped from $84,000 to $87,000 during the quiet Asian trading session on Monday morning – a period that is typically weak in trading volume.

Despite this increase, the RSI indicators suggest that the market is in the "overbought" zone, and whale watchers have spotted large buy and sell orders on Bitcoin and Ethereum in a very short time.

A strong price increase with weak trading volume? This is often a liquidity trap, where large traders close their short positions and then lure bullish traders into a false breakout.

There are no strong news from the Federal Reserve or ETF funds to justify this increase, suggesting that it is not a real rise.

Advice for traders:

📈 Open a buy position? Take some profits and watch for reversal signals.

📉 In a sell position? As long as your leverage is under control, you are safe. A drop towards the $83,000 area is a possibility.

Stay cautious.