From $84,000 to $87,000 during the quiet 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 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 major 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 rise, making it likely that it is not a real uptrend.