$BTC

Bitcoin's rise from $84,000 to $87,000 during the calm Asian trading session on Monday morning – a period that is usually weak in trading volume.

Despite this increase, the RSI indicators suggest that the market is in the "overbought" zone, and whale watchers have detected large buy and sell orders for 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 liquidate 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 rise, making it likely that it's not a real upward movement.

Advice for traders:

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

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

Stay cautious.