#FOMCMeeting

Alert from Bull Trap 🚨**

The price of Bitcoin has risen from $84,000 to $87,000 during the early Asian trading session on Monday, a period usually characterized by low trading activity. Despite this rise, the Relative Strength Index indicates a state of overbought conditions, and whale tracking platforms have detected 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 closing their short positions before flipping them into targeted long positions.

No major news from the Federal Reserve or ETF updates to justify this move, suggesting it may not be a normal rise.

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

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

- **📉 Short Positions**: If you're not heavily in debt, you're probably fine. A return to around $83,000 is a reasonable target.

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