#BTCRebound ↗️ Why is the Market Green?
Today, Bitcoin broke out of a tight trading range and broke through the $87,000 level. This move by BTC is directly related to a short-term short squeeze and liquidation of short positions totaling $170 million over the past 24 hours, which also triggered the growth of many altcoins. However, US stock market futures officially opened lower after a three-day weekend, which may lead to a pullback when trading on US exchanges begins.
📊 According to CryptoQuant, the current Bitcoin price decline is most likely a typical correction rather than a full-fledged bear cycle.
🪙 Investors continue to buy gold. Its price reached a new historical maximum, exceeding the $3,384 mark.
🇨🇳 China has issued stern warnings to countries considering trade deals with the United States that could harm China's interests, and has threatened to retaliate against those who do so.
#BTCRebound #SaylorBTCPurchase #BinanceAlphaAlert #TRXETF #BinanceLeadsQ1
$BTC $ETH $BNB
87,389.52
+2.87%
