#FOMCMeeting

Alert from a bullish trap 🚨**

The price of Bitcoin has risen from $84,000 to $87,000 during the early Asian trading session on Monday, a period typically characterized by low trading activity. Despite this rise, the Relative Strength Index indicates an overbought condition, and whale tracking platforms have spotted massive buy and sell orders for both Bitcoin and Ethereum within minutes. Low trading volume but strong price movement? This could be a clear example of **liquidity harvesting** - where major players are liquidating their short positions before converting them into targeted long positions.

There are no major news from the Federal Reserve or ETF updates to justify this move, suggesting it may not be a natural rise.

**If you're trading, stay alert:**

- **📈 Long positions**: If you're already riding the wave, consider taking profits in increments and watch for a good exit.

- **📉 Short positions**: If you're not heavily in debt, you’re likely fine. Returning to around $83,000 is a reasonable target.

- **💎 Bitcoin holders**: If you're looking for long-term investment, hold on to it. Bitcoin could potentially reach over $120,000, but **this is not the right time*