$BTC #BTCRebound
๐จ BTC Bull Trap Incoming? Stay Alert! ๐จ
Bitcoin just jumped from $84K to $88K overnight โ but before you get too bullish, read this.
This pump happened during the low-volume Asian session, which is often when manipulative moves play out.
Hereโs whatโs raising red flags:
RSI: Overbought territory
Volume: Still low
Whale Activity: Detected
BTC & ETH: Large buy/sell orders placed minutes apart
Translation?
This could be a liquidity grab โ squeezing shorts, then trapping overconfident longs.
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What Should You Do?
๐ข Longs:
Secure partial profits. Don't chase โ exits > entries right now.
๐ด Shorts:
Chill. Unless you're over-leveraged, you're still alive. Watch for a possible pullback to the $83Kโ$84K zone.
๐ Holders:
Zoom out. The $120K target is still valid โ just not today.
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No major Fed news. No ETF catalyst.
This move looks suspect โ trade with caution.
The market is a jungle โ survival > hype.
