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 rise, the RSI indicators suggest that the market is in the "overbought" zone, and whale watchers have detected 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 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, indicating that it is likely not a real uptrend.