#BTCRebound

Bitcoin's price jumped from $84,000 to $87,000 during a quiet Asian trading session on Monday morning—a period typically characterized by low trading volume.

Despite this surge, RSI indicators indicate the market is in overbought territory, and whale watchers have observed large buy and sell orders on Bitcoin and Ethereum in a very short period of time.

A strong price surge with low trading volume? This is often a liquidity trick, with large traders liquidating their short positions and then luring bullish traders with a false rally trap.

There is no strong news from the Federal Reserve or ETFs to justify this surge, which suggests it is not a real rally.

Trader Advice:

📈 Open a long position? Take a portion of the profits and watch for reversal signals.

📉 Inside a short position? As long as your leverage is under control, you're safe. A drop toward $83,000 is a possibility.